Rupee gains 11 paise to 75.48 against U.S. dollar in early trade

However, rising crude prices in the international market and continued foreign fund outflows restricted the local unit, traders said.

The Rupee appreciated 11 paise to 75.48 against the U.S. dollar in opening trade on December 22, tracking a positive trend in domestic equities.

However, rising crude prices in the international market and continued foreign fund outflows restricted the local unit, traders said.

At the interbank foreign exchange, the Rupee opened slightly strong at 75.56 and gained further ground to quote 75.48 against the American dollar in early deals, a rise of 11 paise from the last close.