<h1>Rupee gains 21 paise to 87.75 on softer dollar, flows and lower crude; government pushes new FTAs to boost trade</h1> The national currency appreciated 21 paise to 87.75 against the US dollar in early trade, attributed to a softer dollar, likely central bank intervention, renewed foreign portfolio inflows and lower crude prices; market commentary suggested technical levels that could prompt further appreciation or resistance. The dollar index and Brent crude were lower, while domestic equity indices opened lower despite reported institutional net purchases. Separately, the commerce ministry stated the government has concluded several free trade agreements recently and is negotiating additional pacts with multiple developed and partner countries, framing these moves as enhancing investment and bilateral trade prospects.