Recovering from its all-time low, the rupee appreciated 32 paise, to 60.40 against the dollar, in early trade at the Interbank Foreign Exchange market, today. The rupee rose on fresh selling of the US currency by banks and exporters. Weakening of the dollar against other currencies in the overseas market, and fresh foreign funds inflows into the domestic equity markets also helped the rupee recover.The rupee had tanked by a massive 106 paise, to close at an all-time low of 60.72 against dollar, yesterday.