Rupee rises 15 paise to 85.28 against dollar on easing crude, geopolitical pressures

The Indian rupee strengthened by 15 paise against the US dollar in early trade on Tuesday, opening at 85.28. Declining crude oil prices and reduced tensions in the Middle East helped lift overall market sentiment. Saudi Arabia's move to lower oil prices for Asian buyers further supported the positive outlook. Foreign institutional investors continued to be net buyers of Indian equities in the previous session. Domestic stock markets also reflected the upbeat mood, with key indices trading higher at the open.