Rupee rises 16 paise to 70.09 vs USD in early trade

The rupee appreciated 16 paise to 70.09 towards the US greenback in opening commerce Friday, pushed by optimistic opening in home equities and weakening buck in abroad markets.   The rupee opened sturdy at 70.12 on the interbank foreign exchange market, then gained additional floor to the touch 70.09 per greenback, displaying positive factors of 16 paise towards the buck.

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