The Indian rupee strengthened against the U.S. dollar in the morning deals on Thursday, as regional shares rose after the Federal Reserve sounded more dovish than many had expected, helping push back expectations for the first Fed rate increase since 2006.

The benchmark BSE Sensex is currently up 268.10 points or 1.00 percent at 27,100. The broader Nifty index is also up 68.45 points or 0.85 percent at 8,160.

Against the greenback, the rupee rose to a 1-week high of 63.8450. At yesterday's close, the rupee was trading at 64.1930 against the greenback.

If the rupee extends its uptrend, it is likely to find resistance around the 63.00 area.

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