Rupee advances: Gains 13 paise to 85.92 vs USD in early trade

The Indian rupee continued its upward trend, gaining 13 paise to reach 85.92 against the US dollar, fueled by optimism surrounding a potential ceasefire between Israel and Iran and positive momentum in domestic equities. However, the rupee's gains were partially offset by a slight increase in global oil prices and ongoing outflows of foreign funds.