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The rupee appreciated 20 paise to Rs 44.22 a dollar at the Interbank Foreign Exchange market in early trade on Monday on surging capital inflows.

IMF MD Dominique Strauss says India likely to get more say by January 2011.
In the first four months of 2010-11, imports of items such as automobiles, alcoholic beverages and rubber, too, increased by 87.4 per cent.
As India begins negotiations with the European Union for a free trade agreement, protests are being held against the inclusion of intellectual property provisions.
The total passenger revenue earnings during April-September 2010 were Rs 12,689.36 crores, up 9.64 per cent from the same period last year.
The economist says GDP is a fundamentally flawed system, working on old parametres and misleading everyone about the real economic growth of the country.
A report by consultant firm Grant Thornton says there were as many as 57 merger and acquisition transactions worth $601 million in the month of September.
Data provided by TAAI indicate that two new casinos and attractive amusement parks have combined to ensure Singapore's popularity this season.
In the latest figures, inflation was driven by higher prices of pulses, rice and wheat. On an annual basis, cereal prices have risen 5.26 per cent.
The industry is expected to perform well in terms of topline growth for the quarter ended September 2010, but not on the bottomline front, given higher cost of inputs.
Advanced economies, on the other hand, are projected to grow by just 2.7 per cent in the current financial year and 2.2 per cent in the next, the report said.