Rupee rises 8 paise to 88.62 against US dollar in early trade

In an encouraging shift on Thursday, the Indian Rupee gained 8 paise versus the US Dollar, finishing the day at 88.62. This ascent was partly fueled by a softer dollar and lower crude oil rates, alongside supportive sentiment from strong domestic equity performances. However, the influence of foreign investor sell-offs tempered what could have been a more significant increase.