<h1>Domestic currency hits one-month high on foreign fund inflows, lower crude and sharp equity gains</h1> The domestic currency strengthened to a month's high against the US dollar in early trade, driven by foreign fund inflows, lower crude prices and sharp equity gains. Interbank trading remained narrow, with the currency trading marginally stronger than the prior close. Equity markets rose significantly and stock exchanges announced a short festive trading session. The dollar index and Brent crude showed slight movements. Market commentary attributed the move to sustained domestic institutional buying and reduced foreign institutional selling, noting a marked decline in net FII outflows so far this month, which supported improved market sentiment.