The Indian rupee rose 9 paise in early morning trade at Rs 48.60 to US dollar on the Interbank Foreign Exchange on increased foreign fund inflows.
Dealers said that increased foreign funds inflows and euro's gains against the US currency in the overseas market supported the rupee. The rupee had closed 46 paise higher at over three-month high of 48.69/70 against the US currency last Friday on continued dollar selling by exporters.
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