Rupee strengthened 7 paise to 95.19 against US dollar in early trade.
Context
What happened: The rupee appreciated by 7 paise to 95.19 against the US dollar in early trade, supported by a declining dollar.
Key numbers: Rupee up 7 paise to 95.19. Dollar index fell 0.27 percent.
Why it matters: Lower Brent crude prices limited further gains, and investors are watching geopolitical developments and domestic equity trends. The IMF advises greater exchange rate flexibility to address energy-related economic challenges.