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Rupee surges 14 paise to 72.92 against US dollar in early trade

At the interbank foreign exchange, the domestic unit opened at 72.97 against the dollar, then gained further ground and touched 72.92, registering a rise of 14 paise over its previous close

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Indian currency. Picture used for representational purpose

Indian currency. Picture used for representational purpose

The Indian rupee strengthened by 14 paise to 72.92 against the US dollar in early trade on Friday supported by positive domestic equities and weak American currency.

At the interbank foreign exchange, the domestic unit opened at 72.97 against the dollar, then gained further ground and touched 72.92, registering a rise of 14 paise over its previous close.

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