Rupee Jumps 23 Paise to 96.65 Against US Dollar Today

The rupee did a little happy jig, gaining 23 paise to hit 96.65 against the dollar on Friday morning. This boost was thanks to a softening dollar and some sneaky help from the Reserve Bank of India, but watch out! Geopolitical storms and foreign fund outflows are still looming, ready to shake things up.