Rupee rises 1 paisa to 88.11 against US dollar in early trade
Mumbai, Sep 5 (PTI) The rupee rose 1 paisa to 88.11 against the US dollar in early trade on Friday on the back of a weaker greenback and a drop in global crude oil prices. However, sustained FII outflows capped further gains in the local unit, according to forex traders. Positive sentiments in the domestic equity markets further lent support to the rupee, which had slipped to its record low-level earlier this week, they said. At the interbank foreign exchange, the rupee opened at 88.11 against the US dollar and then slipped to 88.15 before returning to 88.11, up 1