The rupee edged up by 4 paise to Rs 45.33 per dollar in early trade today on mild selling of the American currency by banks amid a recovery in the fortunes of the local equity market.
The rupee resumed slightly higher at Rs 45.34/35 per dollar on the Interbank Foreign Exchange, as against yesterday’s close of Rs 45.37/38, and moved up further to Rs 45.33 per dollar before quoting at Rs 45.35/36 per dollar at 10.30 a.m.
The domestic currency moved in a range between Rs 45.33 and Rs 45.42 per dollar in morning deals.