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Rupee rises 20 paise to 94.79 against the dollar in early trade amid softening US dollar, RBI interventions, and mixed oil/equity cues.
At the interbank foreign exchange market, the rupee opened at 94.75, then touched 94.79, registering a gain of 20 paise over its previous close
Rupee value: Indian currency gains 31 paise against the US dollar in early trade, driven by Reserve Bank of India interventions and easing oil demand, despite rising domestic WPI inflation pressures.