Rupee rises 15 paise to 81.65 against US dollar in early trade

The Indian rupee gained 15 paise against the US dollar to reach 81.65 in early trade, supported by the dollar’s weakness overseas and significant foreign fund inflows. Falling crude oil prices and steady foreign institutional investments also contributed to the uptick. The domestic unit started the day strong, opening at 81.68 against the dollar, rising to 81.65. Forex advisors predicted the rupee would trade within a narrow range of 81.70-82.30 as increasing geopolitical tensions heighten volatility.