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Rupee rises 5 paise to 86.26 against US dollar in early trade

Forex traders said uncertainty over the eventual state of tariffs globally has been a huge overhang for the forex market, leaving currencies trading in a tight range

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On Monday, the rupee depreciated 15 paise to close at 86.31 against the US dollar. Representational Pic

On Monday, the rupee depreciated 15 paise to close at 86.31 against the US dollar. Representational Pic

The rupee traded in a narrow range and appreciated 5 paise to 86.26 against the US dollar in early trade on Tuesday, tracking a positive trend in domestic equities.

Forex traders said uncertainty over the eventual state of tariffs globally has been a huge overhang for the forex market, leaving currencies trading in a tight range.

At the interbank foreign exchange, the domestic unit opened at 86.26 against the greenback, registering a rise of 5 paise over its previous close.

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