Extending yesterday's gains, the rupee today rose by 11 paise to 46.40 against the dollar in early trade on hopes of more capital inflows by foreign funds and strong Asian cues. Dollar's losses against other currencies also supported the local unit.At the Interbank Foreign Exchange (Forex) market, the rupee edged higher by 11 paise to 46.40 a dollar. It had ended 13 paise up at 46.51 in the previous session.