India, July 24 -- The rupee strengthened by 17 paise to 86.24 against the US dollar in early trade on Thursday, supported by weakness in the American currency in global markets.
According to forex traders, lingering uncertainty surrounding the India-US trade deal continues to weigh on the forex market, keeping the rupee confined to a narrow trading range.
However, the local unit's gains were capped by a negative trend in domestic equities and persistent foreign fund outflows, which dampened overall investor sentiment.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....