<p>Mumbai: The rupee declined 4 paise to 86.44 against the US dollar in early trade on Thursday amid a firm American currency, rising crude oil prices and outflow of foreign funds.</p><p>However, positive domestic equity markets resisted a sharp fall in Indian currency, forex traders said.</p><p>At the interbank foreign exchange, the rupee opened at 86.42 and slipped further to 86.44 against the greenback in initial deals, trading 4 paise lower from its previous close.</p><p>The rupee settled with a gain of 13 paise at 86.40 against the dollar on Wednesday, a day after rebounding 17 paise from its lowest-ever level.</p><p>Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.04 per cent higher at 108.96.</p>.Aditya Birla Fashion and Retail to raise Rs 2,378 crore from promoters, market.<p>Brent crude, the global oil benchmark, rose 0.37 per cent to USD 82.33 per barrel in futures trade.</p><p>Analysts said concerns over geopolitical uncertainties are likely to add volatility in dollar until the US gets new administration under President Donald Trump.</p><p>In the domestic equity market, the 30-share BSE Sensex was trading 429.15 points, or 0.56 per cent, higher at 77,153.23 points, while the Nifty was up 136.75 points, or 0.59 per cent, at 23,349.95.</p><p>Foreign institutional investors (FIIs) offloaded equities worth Rs 4,533.49 crore on Wednesday.</p>
<p>Mumbai: The rupee declined 4 paise to 86.44 against the US dollar in early trade on Thursday amid a firm American currency, rising crude oil prices and outflow of foreign funds.</p><p>However, positive domestic equity markets resisted a sharp fall in Indian currency, forex traders said.</p><p>At the interbank foreign exchange, the rupee opened at 86.42 and slipped further to 86.44 against the greenback in initial deals, trading 4 paise lower from its previous close.</p><p>The rupee settled with a gain of 13 paise at 86.40 against the dollar on Wednesday, a day after rebounding 17 paise from its lowest-ever level.</p><p>Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.04 per cent higher at 108.96.</p>.Aditya Birla Fashion and Retail to raise Rs 2,378 crore from promoters, market.<p>Brent crude, the global oil benchmark, rose 0.37 per cent to USD 82.33 per barrel in futures trade.</p><p>Analysts said concerns over geopolitical uncertainties are likely to add volatility in dollar until the US gets new administration under President Donald Trump.</p><p>In the domestic equity market, the 30-share BSE Sensex was trading 429.15 points, or 0.56 per cent, higher at 77,153.23 points, while the Nifty was up 136.75 points, or 0.59 per cent, at 23,349.95.</p><p>Foreign institutional investors (FIIs) offloaded equities worth Rs 4,533.49 crore on Wednesday.</p>