Rupee gains 19 paise

Mumbai: The Indian rupee appreciated by 19 paise to Rs 44.01 per dollar at the Interbank Foreign Exchange today, supported by steady capital inflows and a higher opening in the stock market.

Firmness in other Asian currencies against the American unit also supported the Indian rupee.

The rupee had depreciated by 3 paise to close at Rs 44.20/21 against the US currency in yesterday`s trade on weakness in equities amid dollar demand from importers.

Forex dealers said apart from dollar weakness against other currencies, steady capital inflows and a higher opening in the stock market, also kept the rupee`s sentiment firm.

Meanwhile, the Bombay Stock Exchange Sensex was up by 82.97 points, or 0.42 per cent, at 19,674.15 in opening trade today.