The rupee gained another 12 paise to Rs 45.18 per US dollar in the early trade today on sustained selling of dollar by banks and exporters amid dollar’s weakness overseas and a firm domestic equity market.

At the Interbank Foreign Exchange, the domestic unit opened higher at 45.19/20 per dollar against Thursday’s closing level of 45.30/32 per dollar and improved further to 45.18.

At 10.30 a.m., the rupee was quoting at 45.24/25 per dollar. It hovered in a range between 45.18 and 45.25 per dollar in the morning deals.

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