The Indian rupee appreciated by 13 paise to 46.23 per dollar in the opening trade today on fresh capital inflow into equities by foreign funds.

The rupee had closed at a three—month low of 46.36/37 against the dollar, after tanking 77 paise, the biggest single—day fall in more than 14 months in Wednesday’s trading.

Forex dealers said fresh capital inflow into equities by foreign funds and stronger other currencies against the dollar, mainly provided support to the rupee.

More In: Markets | Business