India, Nov. 6 -- The Indian rupee strengthened by 8 paise to 88.62 against the US dollar in early trade on Thursday, supported by a weaker American currency and a decline in global crude oil prices.
Improved sentiment in domestic equities also aided the local unit, although selling by foreign investors capped further upside, according to forex traders.
At the interbank foreign exchange market, the rupee opened at 88.51, briefly touched 88.49, and was last seen trading at 88.62 per dollar, up 8 paise from its previous close.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....