The rupee gained 8 paise to trade at Rs 49.28 per dollar on the Interbank Foreign Exchange market in early trade on Wednesday amid firm stock markets.

Dealers said continued foreign capital inflows in the Indian market and selling of dollar by exporters, mainly kept rupee’s sentiment firm.

The rupee had lost 17 paise to close at Rs 49.36/37 against the dollar yesterday due to fresh demand for the American currency from importers.

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