Indian rupee rises to 82.92 against US dollar in early trade

The Indian rupee stayed firm for the fourth straight session and gained 4 paise to 82.92 (Dh22.59) against the US dollar in early trade on Thursday, tracking a weak American currency against major overseas rivals.

Forex trader said, however, the Indian currency was under pressure due to subdued equity market sentiment and elevated level of crude oil prices.

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At the interbank foreign exchange, the domestic currency opened at 82.94 and gained further to 82.92 against the greenback in initial deals, registering a gain of 4 paise from its previous close.

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