The Indian rupee strengthened by 11 paise to Rs 45.02 per dollar in early trade at the Interbank Foreign Exchange today, supported by a higher opening in the stock market and dollar weakness against other currencies.
The rupee had appreciated by 5 paise to close at Rs 45.13/14 per dollar in the previous session on Friday on the back of dollar-selling dollar by exporters.
Forex dealers said dollar weakness against the euro and a higher opening in the stock market kept the rupee sentiment firm as well.
Meanwhile, the Bombay Stock Exchange Sensex was up by 128.92 points, or 0.72%, at 18,007.73 in opening trade today.
