Indian currency gained 21 paise to 46.66 against the US currency on Friday on continued selling pressure on the American currency by foreign funds and sturdy equity prices.

Traders at the Interbank Foreign Exchange (FOREX) made this declaration.

The Rupee belled the day strongly by 11 paise to 46.74 as compared to the dollar and afterward it fluctuated in a broad range between 46.64 and 46.80 in intra day trade.

The Indian unit benefitted against the US dollar on Friday at the Interbank Foreign Exchange market, backed by an increased inflow of global capital into the Indian equity market.

Forex dealers stated that augmented foreign fund capital inflows into increasing equities provided support to the Indian unit.

Six-month forward premium of dollar also registered high at 3.92/3.94 against 3.72/3.74, the previous day, whereas 12 months recorded stronger at 3.14/3.16 against 3.04/3.06, the previous day.

The rates of major global currencies against Indian currency were Euro at 58.86/59.88 (59.40/59.42) and Pound at 70.40/ 70.42 (71.05/71.07) and Yen at 52.72/52.74 (53.18/53.20). (With Inputs from Agencies)