The Indian Rupee edged up today in early moves as firm local equities boosted the sentiments after the currency clawed back from a record low against the US dollar last week. INR hit 83.29 per US dollar in intraday moves and currently trades marginally up at 83.32 per US dollar. India's benchmark indexes opened at fresh all-time highs on Monday, following last week?s upbeat domestic macroeconomic data. The ruling Bharatiya Janata Party's victory in key state elections also offered a good support to the sentiments. Meanwhile, India?s foreign exchange reserves jumped $2.538 billion to hit a three-month high of $597.935 billion during the week ended November 24, according to the latest RBI data. In the week before that, the overall reserves had jumped $5.077 billion to $595.397 billion. According to the latest RBI data for the week ended November 24, the foreign currency assets, a major component of the reserves, increased $2.14 billion to $528.531 billion.

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