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( As on 21/08/2025 10:03)

Rupee gains 14 paise to 86.93 against US Dollar

The rupee strengthened by 14 paise to 86.93 against the US dollar in early trade on Thursday, supported by firm domestic equities and improved risk appetite.

Forex traders noted that positive global sentiment, driven by hopes of progress in Russia-Ukraine peace talks, aided the currency’s movement.

Investors now await further cues from geopolitical developments and the US Federal Reserve’s stance on interest rates.