Rupee rises 5 paise to 95.57 against US dollar in early trade
The rupee improved by 5 paise to 95.57 against the US dollar in early trading. This was supported by declining crude oil prices and a general recovery in Asian currencies. Analysts expect the currency market direction to be influenced by geopolitical developments and foreign portfolio outflows. The dollar index showed a slight increase, indicating a firm American currency in the market.
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