Rupee climbs 15 paise against US dollar

The rupee rose by 15 paise against the US dollar to trade at 63.72 in late morning deals on dollar selling by banks and exporters.

The rupee opened marginally higher at 63.85 per dollar against last Friday's closing level at 63.87 per dollar at the inter-bank foreign exchange market



here today.Later it rose to a high of 63.71 before trading at 63.72 per dollar at 1145hrs.

Global financial markets were closed today due to New Year holiday.

Foreign portfolio investors (FPIs) had invested Rs 595.04 crore on net basis last Friday.