
Rupee gains 14 paise to 86.59 vs US dollar; oil price dip, FII inflows support recovery, traders eye HDB IPO-linked inflows next week
The rupee appreciated by 14 paise to close at 86.59 against the US dollar on Friday, helped by a fall in global crude oil prices, a weaker dollar overseas, strong domestic equities and sustained foreign fund inflows.At the interbank foreign exchange market, the rupee opened at 86.65 and moved in a narrow range of 86.55…