The Indian rupee rose by 12 paise against the US dollar to reach 81.75 in early trading on Wednesday. The local currency was supported by foreign fund inflows and low crude oil prices, dropping below USD 80 per barrel. The rupee had opened at 81.80 against the US currency, before rising to 81.75. Meanwhile, the dollar index went down by 0.24% to 101.71 and Brent crude futures went up to USD 75.35 per barrel. Foreign Institutional Investors (FIIs) invested in the country’s capital market worth Rs 1,997.35 crore.
