Forex traders said market participants were enthused following positive developments on the US-China trade talk front.
Forex traders said investors were optimistic about the US-China trade talks.
Investor sentiments strengthened after the Reserve Bank of India signalled to continue with accommodative stance.
Forex traders said the domestic unit is trading in a narrow range ahead of the RBI monetary policy decision on Thursday.
Positive opening in domestic equities supported the rupee and restricted the fall.