Rupee falls 11 paise to 85.75 against US dollar in early trade

The rupee fell 11 paise to 85.75 against the US dollar, affected by the rising dollar index and US bond yields. Persistent foreign fund outflows and low volumes due to the holiday season further impacted the rupee. The domestic stock market showed gains, while the dollar index remained steady. GST revenue saw a 7.3% increase in December.