Rupee rises 5 paise against US dollar

The Indian rupee became stronger by 5 paise against the US dollar in early trading on Wednesday.

This happened because the US dollar was weaker, oil prices were lower, and foreign investors were buying Indian stocks.

The rupee has been strong for four days in a row.

The dollar index, which shows how strong the US dollar is against other currencies, was down by 0.12%.

Oil prices went up because of fighting between the US and Iran, but the US stopped all the missiles Iran launched.

In India, the stock market went up, with the Sensex and Nifty both rising.

Foreign investors bought stocks worth ₹755.33 crore.