India, Jan. 23 -- The rupee appreciated by 17 paise to 91.41 against the US dollar in early trade on Friday, supported by improved investor sentiment after US President Donald Trump softened his stance on tariff threats against Europe linked to Greenland, easing immediate trade-war concerns.
Forex market participants said the toned-down rhetoric helped reduce near-term geopolitical anxiety, while a correction in the dollar amid improved risk appetite lent support to emerging market currencies, including the rupee.
At the interbank foreign exchange market, the domestic currency opened at 91.45 and strengthened further to trade at 91.41 against the greenback, marking a gain of 17 paise from its previous close.
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