MUMBAI, Feb 2(PTI): The rupee gained 19 paise to Rs 45.56 against the US dollar in early trade at the Interbank Foreign Exchange on Wednesday, supported by a higher opening in the stock market and weakness of the American currency against the euro.
The rupee had appreciated by 15 paise to close at Rs 45.75/76 against the US currency on Tuesday on the back of fresh dollar-selling by exporters, even as the equity market experienced sharp losses.
Dealers said that in addition to dollar weakness against other currency rivals overseas, a higher opening in the stock market on Wednesday boosted the rupee sentiment.