Rupee rises 19 paise to 86.79 against US dollar in early trade

The rupee gained 19 paise, trading at 86.79 against the US dollar on Thursday. The US dollar index was down, while Brent crude prices fell. Domestic equities showed a muted trend with foreign institutional investors offloading equities worth Rs 1,881.30 crore. India’s economy expects strong momentum in the second half of the year.

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