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Rupee rises 12 paise to 94.72 against US dollar in early trade

Deccan Herald
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Rupee rises 12 paise to 94.72 against US dollar in early trade
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Mumbai: The rupee appreciated 12 paise to 94.72 against the US dollar in early trade on Tuesday, buoyed by sliding crude oil prices and inflows of foreign funds into domestic equities.However, a strong US dollar ahead of the crucial midterm election in the US kept investors worldwide cautious, capping gains in the Indian currency, according to forex traders.At the interbank foreign exchange market, the rupee opened at 94.68 and strengthened to 94.60 before trading at 94.72 against the greenback,

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