Rupee falls 8 paise to 83.95 against US dollar in early trade

The rupee fell by 8 paise to 83.95 against the US dollar due to elevated crude oil prices and a weak domestic equity market. Brent Crude remained above USD 80 per barrel amid geopolitical tensions. The Reserve Bank's active market interventions have bolstered India's forex reserves by nearly USD 5 billion, providing some stability.