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of <h1>Rupee Rises to 87.03 per USD Amid Positive Macroeconomic Data and Weaker Dollar Index, Despite Global Tariff Tensions</h1> The rupee appreciated by 19 paise to 87.03 against the US dollar in early trade, supported by positive macroeconomic data and a weaker dollar index. Despite global tariff tensions affecting foreign capital flow, lower crude oil prices bolstered the rupee. The domestic equity market showed modest gains, with the BSE Sensex and Nifty rising slightly. Recent data indicated a decline in India's retail inflation to a seven-month low and an increase in industrial production growth. Globally, heightened tariff disputes saw the US imposing tariffs on steel and aluminum, prompting retaliatory measures from Canada and the EU.
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