Mumbai, April 18: Indian rupee strengthened by 6 paise to Rs 44.27 against the US dollar in early trade on the Interbank Foreign Exchange today, aided by capital inflows and a firming trend in the stock market.
However, dollar’s rise against euro and other major currencies overseas, limited its gains.
Rupee had appreciated by 17 paise to close at Rs 44.33/34 against the US dollar in the previous session on Friday on the back of fresh dollar selling by exporters.
Dealers said steady capital inflows and the higher opening in the stock market kept the rupee sentiment firm.
The Bombay Stock Exchange benchmark Sensex moved up by 54.79 points, or 0.28 per cent to 19,441.61 in opening trade today.
-Agencies