Rupee rises against US dollar in early trade; IIP boost offsets FII outflows – The Times of India
Rupee on Tuesday rose 3 paise to 89.95 against the US dollar in early trade supported by a weaker greenback and strong industrial output data. However, foreign fund outflows, marginally higher crude oil prices and a weak start in domestic equities limited sharper gains, forex traders said. RBI Slashes Rates After Rupee Fall, Boosts Liquidity…