The rupee appreciated 13 paise to 87.80 against the US dollar in early trade on Thursday, supported by optimism on the US-India trade deal front.

Forex traders said foreign fund inflows, a positive trend in domestic equities and risk-on sentiments, boosted investor sentiments.

At the interbank foreign exchange market, the rupee opened at 87.80 against the US dollar, registering a gain of 13 paise from its previous close.

On Monday, the rupee had settled 9 paise higher at 87.93 against the greenback.

Foreign exchange markets were closed on Tuesday and Wednesday due to Diwali and Diwali Balipratipada, respectively.

"The Indian rupee opened stronger after optimism on the US-India trade deal as Trump said that India will slowdown on Russian oil buying and the market expected a trade deal

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