Rupee gains 11 paise against dollar in early trade

The rupee appreciated against the dollar by 11 paise to 46.39 on the forex market in early trade on Monday on fresh inflow of overseas funds amid rising domestic equity market.

The rupee appreciated against the dollar by 11 paise to 46.39 on the forex market in early trade on Monday on fresh inflow of overseas funds amid rising domestic equity market.

At the Interbank Foreign Exchange (Forex) market, the rupee appreciated by 11 paise to 46.39 a dollar. The rupee had ended lower by 2 paise at 46.50/51 on Thursday.

The financial market was closed on Friday for Mahashivratri. Forex dealers said inflow of overseas funds following a rise in domestic equity market mainly influenced the trading sentiment.

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