The Indian rupee firmed against the U.S. dollar in afternoon deals on Monday, as regional stocks rose on positive global cues following a Macron victory in the first round of the French presidential election.

The benchmark BSE Sensex was up 299 points or 1.02 percent at 29,658 in afternoon trading, while the broader Nifty index was up 101.15 points or 1.11 percent at 9,220.

The Indian rupee advanced to a weekly high of 64.46 against the greenback, compared to Friday's closing value of 64.70. The next possible resistance for the rupee is seen around the 63.00 region.

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