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Rupee rises 8 paise to 84.38 against US dollar in early trade

Forex traders noted that lower crude oil prices in the international market boosted the local currency's recovery. At the interbank forex market,.

On
Rupee rises 8 paise to 84.38 against US dollar in early trade

The rupee recovered from its lowest level and appreciated by 8 paise to 84.38 against the US dollar in early trade on Monday despite a stronger American currency and sustained outflow of foreign funds.

Lower level of crude oil prices in the international market supported the recovery of local unit, forex traders said.

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