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Our Bureau

Mumbai, Oct. 26

The rupee gained around 11 paise against the dollar on US interest rates being left unchanged by Fed. The home currency opened at around 45.3150 and weakened intra day to 45.33/34 levels as some foreign banks were seen buying dollars, said a dealer at a private bank.

"The markets opened after a gap of two days and dollar supplies were good. Later in the day, the rupee recovered on dollar selling to finally close at 45.26," said the dealer. The rupee ended at 45.37 on Monday. In forwards, the six-month remained unchanged at 1.64 per cent and the 12-month ended at 1.55 per cent (1.54 per cent).

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Rupee gains 11 paise

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