Rupee rises 9 paise to 83.10 against US dollar in early trade

The rupee rose 9 paise to 83.10 against the US dollar in early trade on Friday amid a retreating dollar versus major rivals and positive cues from equity markets.

Massive selling of equities by foreign investors and an upward trend in crude oil prices, however, capped the rise of domestic currency, forex dealers said.

The Indian unit opened strong at 83.13 against the US dollar and touched the highest level of 83.09. It later traded at 83.10 against the greenback, registering a gain of 9 paise from its previous close.