Rupee up 2 paise to 83.25 against US dollar in early trade

Mumbai: The rupee rose 2 paise to 83.25 against the US dollar in early trade on Friday, tracking lower greenback on the back of easing US bond yield.

However, muted trend in domestic equity markets, unabated outflow of foreign funds and increased volatility in crude oil prices



triggered by geopolitical situation put pressure on the Indian currency, forex traders said.

At the interbank foreign exchange, the domestic currency opened at 83.25 against the greenback, 2 paise higher from its previous close.