India, Aug. 12 -- The rupee edged up by 10 paise to 87.65 against the US dollar in early trade on Tuesday, supported by a positive trend in domestic equities. According to forex traders, the currency is moving in a narrow range, with the overall bias remaining negative amid uncertainty over the India–US trade tariff issue.
Market participants are also in a wait-and-watch mode ahead of the US CPI inflation data and the upcoming US–Russia talks scheduled for August 15.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....