Rupee falls 31 paise to 84.66 against US dollar in early trade after India avenges Pahalgam attack

The Indian rupee weakened to 84.66 against the US dollar on Wednesday following India's military strikes in Pakistan and Pakistan-Occupied Kashmir, escalating cross-border tensions. Forex traders anticipate potential dollar buying and RBI intervention to stabilize the rupee amidst market nervousness. Domestic equity markets also experienced a decline, while Brent crude saw a rise.