Rupee up 8 paise against dollar in early trade

The rupee was trading 8 paise higher at 71.90 against the US dollar.
The local currency opened almost flat at 71.99 against the greenback compared with the closing level of 71.98 on Thursday.
According to market experts, rupee extended its recovery primarily on the back of broad weakness in the dollar and drop in global crude oil prices.
India’s imports rose 17.6 per cent to $44.11 billion in October from $37.50 billion in the year-ago period.
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