The Indian rupee appreciated for a second session on Monday, buoyed by strong foreign capital inflows amid the country's largest share sale and renewed dollar weakness overseas, dealers said.
The rupee ended at 45.2400/2450 per dollar, gaining one-tenth of a percent from Friday's close of 45.2900/2950. The currency has now added 0.17 percent over two sessions.
The rupee, which struck a 3-1/2-year closing high of 45.2325/2375 on February 13, has since been pegged back by a watchful central bank, keen to cap its gains. It has gained 0.8 percent so far this year, following a 5.2 percent rise in 2003.