Rupee rises 7 paise to 94.05 against US dollar in early trade

The rupee saw a slight increase against the US dollar, attributed to an influx of foreign investment and declining crude oil prices. In morning trading, it gained 7 paise to sit at 94.05 following a recent downturn. However, analysts caution a possible reversal that might push the rupee to between 94.50 and 95.00.

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