The domestic currency has gained by four paise or 0.06 per cent in two days.
The rupee had slumped to its all-time closing low of 68.80 a dollar on August 28, 2013.
Increased month-end demand for the US currency from importers put pressure on the rupee
There was fresh selling of the American currency by banks and exporters
Forex market was shut on Tuesday on account of 'Mahavir Jayanti'.
The rupee had gained by 50 paise or 0.75 per cent in two weeks.
The domestic unit had recovered to 68.65 in early trade on Friday as against Thursday's closing of 68.72.
There's sustained demand for the American currency from importers and banks
The rupee had last ended at 67.22 per dollar on March 16, 2016.
The rupee dropped on renewed demand for the American currency.
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