The rupee opened flat and gained three paise against the US dollar in early trade. Dollar demand from importers was negated by a weaker dollar index and improved risk sentiment. Lower oil prices and a softer US dollar also supported the rupee's movement. Market participants are now awaiting the upcoming RBI MPC decision and key US economic data. Foreign portfolio inflows into Indian equities provided additional support for the rupee.

Falling gobal crude oil prices and weaker US dollar lifted rupee higher in early trade on Monday. The currency traded at a gain of 31 paise against US dollar, while drawing…

The rupee opened flat and gained three paise against the US dollar in early trade. Dollar demand from importers was negated by a weaker dollar index and improved risk sentiment.…