Rupee rises 28 paise to 96.25 against US dollar in early trade

The Indian rupee strengthened significantly against the US dollar on Monday. This gain was driven by a sharp decline in global crude oil prices. Positive global sentiment emerged after the US and Iran signaled an easing of regional tensions. Domestic equity markets also witnessed strong buying trends, further supporting the rupee. The dollar index retreated from its elevated level, contributing to the rupee's recovery.

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