India, July 17 -- The Indian rupee appreciated 14 paise to 96.28 against the US dollar in early trade on Friday, supported by positive sentiment in the domestic equity markets.
However, the currency's gains remained capped due to persistent foreign institutional investor (FII) outflows and elevated global crude oil prices amid escalating geopolitical tensions in West Asia.
The rupee opened at 96.35 per US dollar in the interbank foreign exchange market before strengthening further to 96.28, compared to its previous close.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....