India, Oct. 16 -- The Indian rupee strengthened by 20 paise to 94.79 against the US dollar during early trading on Friday, supported by a weakening greenback and the positive effects of structural foreign exchange interventions by the Reserve Bank of India (RBI).
A decline in US Treasury yields also provided support to the domestic currency.
However, persistently high crude oil prices and weakness in the domestic equity market limited the rupee's gains.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....