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of <h1>Currency Markets: Rupee Gains 8 Paise on Equity Optimism, Foreign Inflows Amid Oil Price and Dollar Challenges</h1> The Indian rupee appreciated 8 paise to 85.58 against the US dollar in early trading, driven by positive domestic equity markets and foreign capital inflows. However, rising global crude oil prices and a strengthening US dollar limited significant gains. Foreign institutional investors purchased equities worth Rs 1,992.87 crore, while market experts anticipate the rupee trading within the 85.45-85.95 range amid ongoing US-China trade discussions.
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