Rupee rises 14 paise to 95.85 against U.S. dollar in early trade
The Indian rupee rose 14 paise to 95.85 against the U.S. dollar in early trade on Friday. This increase occurred amid a positive trend in domestic equities, despite persistent dollar demand from importers, particularly oil companies, and elevated crude oil prices. Traders will monitor the rupee's performance as it remains above the key psychological barrier of 96 per dollar.