Rupee rises 13 paise to 95.65 against US dollar in early trade

The rupee gained thirteen paise against the US dollar in early trade. This appreciation was supported by falling crude oil prices and positive domestic market sentiment. Forex traders noted Brent crude retreating from elevated levels due to easing supply concerns. The central bank actively drains surplus liquidity, ensuring orderly adjustments in the currency market. Meanwhile, domestic equity markets opened higher, and FIIs offloaded shares.

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