The rupee on Friday appreciated for the first time in three sessions to end 11 paise higher at 62.12 versus the dollar on selling of the American currency by banks and exporters, amid FII inflows fuelling a rebound in shares. After falling about 39 paise in the previous two days, the rupee resumed higher at 62.19 per dollar as against the last closing level of 62.23 per dollar at the Interbank Foreign Exchange (Forex) Market.