India, April 17 -- The Indian rupee appreciated 28 paise to 92.86 against the US dollar in early trade on Friday, supported by improving sentiment amid hopes of easing geopolitical tensions and positive domestic equity cues.
The local currency also drew support from continued foreign inflows into Indian equities, although a firm US dollar capped further gains, according to forex traders.
At the interbank forex market, the rupee opened at 92.93 and strengthened further to 92.86 against the greenback, marking a 28 paise rise from its previous close.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....