Rupee rises 6 paise to 93.27 against US dollar in early trade
Mumbai, Apr 16 (PTI) The rupee appreciated by 6 paise to 93.27 against the US dollar in early trade on Thursday, driven by retreating crude oil prices and a weakening American currency, amid hopes of a truce in West Asia. According to forex analysts, crude oil prices hovering below the USD 95-a-barrel level sent positive cues to investors in domestic equities, even though the outflow of foreign capital and demands for dollars from importers resisted a sharp recovery in the rupee. At the interbank foreign exchange market, the rupee opened at 93.29 and gained further, trading at 93.27 against the