Rupee rises 17 paise to 86.19 against US dollar in early trade

MUMBAI: The rupee appreciated 17 paise to 86.19 against the US dollar in early trade on Friday, tracking positive domestic equities and fresh foreign fund inflows.

Forex traders said the rupee has been gaining as FPIs turned net buyers for the second time during the week with respect to equity and have been buying heavily into debt. At the interbank foreign exchange, the rupee opened at 86.26 against the greenback, then gained some ground and touched 86.19, up 17 paise from its previous close. PTI