Mumbai: Indian rupee on Thursday strengthened marginally against US dollar tracking gains in its Asian peers and drop in crude oil.

The home currency opened at 68.73 a dollar. At 9.15 am, the currency was trading at 68.76, up 0.1% from its previous close of 68.82.

The yield on the 10-year government bond was at 6.311% compared with Wednesday's close of 6.345%.

In pre-trade, the benchmark Sensex was up 0.06% at 39239.31 points. So far this year, the index has risen 7.84%.

The rupee has risen 1.79% against the greenback in the year so far, while foreign investors bought $10.52 billion in Indian equities and $2.76 billion in the debt market during the period.

Asian currencies were trading higher. South Korean won was up 0.47%, Japanese yen 0.2%, Indonesian rupiah 0.2%, Philippines peso 0.18%, Singapore dollar 0.14%, Thai Baht 0.11%, Malaysian ringgit 0.07%.

The dollar index, which measures the US currency’s strength against a basket of major currencies, was at 97.09, down 0.13% from its previous close of 97.223.

(Bloomberg contributed to this story)

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