The Indian Rupee up 13 paise vs Dollar

The actual Indian rupee moved up by 13 paise to Rs forty five. 98 per US dollar in early trade today on mild selling from the American currency by banks and exporters in view of robust foreign capital inflows to the equity market and a firm opening in the domestic stock exchange.

The rupee resumed higher at Rs 46. 05/06 per dollar about the Interbank Foreign Exchange, as against its previous close of Rs fouthy-six. 11/12 per dollar, and moved up further to Rs forty five. 98 per dollar before quoting at Rs 46. 04/05 for each dollar at 1030 hours.

It hovered in a range in between Rs 45. 98 and Rs 46. 10 per dollar throughout morning deals.

Selling of dollars by banks and exporters about the back of foreign capital inflows into the equity market primarily boosted the rupee sentiment.

The Indian benchmark Sensex shot upward by another 138 points, or 0. 82%, in early industry today.

The US dollar had extended its gains against other major currency rivals within the New York market yesterday, recouping early losses following the Swiss National Bank's proceed to set a floor on the euro exchange rate versus the actual Swiss currency.