PTI: Rupee gains another 30 paisa to 46.50 against dollar
Mumbai, Nov 9 (PTI) The Indian rupee surged further by 30 paisa to 46.50 against the dollar in early trade today on fresh dollar selling by exporters amid firm local stocks and heavy capital inflows this year.
The domestic currency resumed stronger at 46.63/64 a dollar against its last close of 46.80/81 a dollar and later strengthened to a high of 46.50 before being quoted at 46.56/57 a dollar in late morning deals.
Dealers at the Interbank Foreign Exchange (forex) market said exporters sold dollars after the American currency came under pressure in overseas markets.
Dollar fell against a basket of currencies in overseas markets.
The rupee also drew support from heavy FII inflows into equity in the last few months.
Indian benchmark Sensex which had risen by 1.65 per cent during last week, gained 0.