Rupee gains 13 paise to 1-month high against US dollar

Mumbai, Feb 18 (PTI) The Indian rupee rose by 13 paise toa one-month high of 45.21 per US dollar at the InterbankForeign Exchange today, supported by a rally in the domesticstock market and dollar weakness against other currencies.

Forex dealers said a higher opening in the stock marketand dollar losses against a basket of major currency rivalsoverseas kept the rupee sentiment firm.

The rupee had gained 18 paise to close at Rs 45.34/35 perdollar in the previous session on the back of bullish domesticequities and sustained dollar-selling by exporters and banks.

Meanwhile, the Bombay Stock Exchange index Sensex was upby 119.85 points, or 0.65 per cent, to 18,626.67 in openingtrade today.