The rupee gained 23 paise to 96.65 against the US dollar in early trade on Friday, supported by a softer dollar and suspected RBI intervention. Lower oil prices and gains in equities also shaped market sentiment amid continued foreign investor selling.
The rupee gained 5 paise to 94.46 against the US dollar in early trade on Friday, supported by foreign inflows and risk appetite. Strong RBI intervention aided gains, while higher crude prices and US-Iran tensions limited further appreciation.
