Rupee appreciates by 28 paise to 46.46 a dollar

The Indian rupee appreciated by 28 paise to 46.46 a dollar in early trade today as the US currency weakened against other Asian currencies.

The Indian rupee appreciated by 28 paise to 46.46 a dollar in early trade today as the US currency weakened against other Asian currencies.

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At the Interbank Foreign Exchange (forex) market, the domestic unit strengthened by 28 paise to 46.46 a dollar. The rupee ended 26 paise lower at 46.74/75 a dollar in the previous session.

Dealers said the US currency weakening against other major currencies bolstered the rupee sentiment.

Expectations of fresh capital inflows as stock markets may open on a strong footing, in line with firming trends in Asian market, also gave a boost to uptrend, they added.