foreign fund outflow is weighing on investor sentiments.
At the interbank foreign exchange, the rupee opened at 86.88 and gained further ground to trade at 86.79 against the greenback during early deals, up 19 paise from its previous close.
On Tuesday, the rupee depreciated 10 paise to close at 86.98 against US dollar.
The forex market was closed on Wednesday on account of 'Chatrapati Shivaji Maharaj Jayanti'
Meanwhile, the US dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.16 per cent lower at 107.
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