Rupee rises 10 paise to 96.65 against U.S. dollar in early trade
The Indian rupee rose 10 paise to 96.65 against the U.S. dollar in early trade on October 8. Forex traders noted ongoing pressure from macroeconomic factors, including a strong dollar and high Brent crude prices near $102 per barrel. The Reserve Bank of India likely intervened to support the rupee amid these challenges.