Mumbai, June 18 -- Indian Rupee edged up today, appreciating despite a firm undertone in the US dollar index continued policy support kept sentiments buoyant for the local currency. Yesterday, the Reserve Bank of India has eased interest rate rules for overseas deposits. This move is set to allow banks to offer better returns on FCNR(B) and NRE accounts and will likely attract more foreign funds in coming months. INR held near five-week high following this and currently trades up 11 paise at 94.38 per US dollar. INR edged up even as the US dollar index surged above 100 mark to hit one-week high following a slightly hawkish tilt displayed by the US Fed in its latest monetary policy meeting. The Federal Reserve held the benchmark interest r...