Rupee climbs 26 paise against dollar

Mumbai: Rupee traded higher by 26 paise at 67.11 against the US dollar today as exporters and banks stepped up selling of the American currency.

Forex dealers said a strong opening in domestic equity markets beefed up the rupee, but dollar’s strength against other currencies overseas following bigger-than-expected jump in US job creation capped rupee’s gains.

The rupee had gained 2 paise to close at 67.37 on Friday after fresh selling of the greenback amid volatile domestic equities.