Rupee rises 5 paise to 95.77 against U.S. dollar in early trade
The Indian rupee appreciated by 5 paise to 95.77 against the U.S. dollar in early trade on July 29, marking its fourth consecutive day of gains. Positive sentiment in the domestic equity market, driven by foreign institutional investors buying Indian stocks, supported the rupee's rise. Additionally, a weaker American currency and lower crude oil prices contributed to the rupee's strength.