India, Oct. 16 -- The Indian rupee appreciated 40 paise to 87.68 against the US dollar in early trade on Thursday, supported by likely central bank intervention and a weaker dollar index.
Positive domestic equities, lower crude oil prices, and renewed foreign fund inflows further lifted sentiment.
At the interbank forex market, the rupee opened at 87.76 and touched an early high of 87.68, up from the previous close of 88.08 per dollar.
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