The Rupee advances by 11 paise to 49.32 against dollar in early trade in view of selling of US currency by banks and exporters on the back of persistent capital inflows from foreign funds.The rupee had closed 8 paise higher at 49.43 rupees against the US currency in the previous session on Friday.Dealers said banks and exporters preferred to reduce their dollar position in view of sustained capital inflows into equity market from foreign funds.