Rupee gains 5 paise to 88.63 against US dollar in early trade.The Indian Rupee is showing a slight recovery today, trading at 88.63 against the US Dollar. This gain comes as crude oil prices fall internationally and foreign investors inject capital into domestic stocks.
Rupee poised for muted open with Asia FX navigating risk-off, lower U.S. yields.The Indian rupee is set for a quiet open on Friday, with Asian currencies largely absorbing the latest bout of risk-off sentiment, supported by a slide in U.S. Treasury yields.
Rupee ends a tad lower as modest inflows cushion drag from firmer dollar.The dollar index held above the 100-handle, while Asian currencies were down between 0.1% and 0.3% as traders scaled back wagers on a U.S. rate cut next month.