India, July 15 -- The Indian rupee appreciated by 5 paise to 96.11 against the US dollar in early trade on Wednesday, supported by a weaker greenback and a positive opening in domestic equity markets.
However, gains in the local currency remained limited due to elevated crude oil prices amid heightened geopolitical tensions in West Asia and continued foreign institutional investor (FII) outflows. At the interbank foreign exchange market, the rupee opened at 96.12 before strengthening to 96.11, up 5 paise from its previous close.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....