The Indian rupee climbed against the U.S. dollar in afternoon deals on Wednesday, as regional shares rose following U.S. Treasury Secretary nominee Janet Yellen's comments favoring aggressive fiscal spending to prop up the economy.

A weaker dollar further aided a rise in the currency.

The benchmark S&P BSE Sensex climbed 449.65 points, or 0.91 percent, to 49,848, while the broader NSE Nifty index was up 141.65 points, or 0.98 percent, at 14,663.

The rupee appreciated to a 5-day high of 73.07 against the greenback from yesterday's close of 73.22. The rupee is likely to test resistance around the 72.00 level.

Euro vs US Dollar (FX:EURUSD)
Forex Chart
Von Mär 2024 bis Apr 2024 Click Here for more Euro vs US Dollar Charts.
Euro vs US Dollar (FX:EURUSD)
Forex Chart
Von Apr 2023 bis Apr 2024 Click Here for more Euro vs US Dollar Charts.