Rupee rises 58 paise to 94.60 against US dollar in early trade (opens original article in a new tab)

The rupee rose 58 paise against the US dollar to 94.60 in early trade as global crude oil prices fell following a US-Iran peace deal. Domestic equity markets also showed strong performance. The rupee's appreciation was influenced by the peace agreement and falling oil prices, which eased India's balance of payments concerns.

• Rupee rose 58 paise to 94.60 against US dollar in early trade
• Global crude oil prices dropped sharply after US-Iran deal announcement
• Domestic equity markets showed strong performance with Sensex and Nifty surges