Rupee rises 7 paise to 90.40 against the US dollar in early trade

The rupee edged higher by 7 paise to 90.40 against the US dollar in early trade, as corporate demand for the greenback surfaced. Investors are now awaiting official confirmation of the India-US trade deal and cues from the Reserve Bank of India's upcoming interest rate decision. Attention is also on the dollar index and crude oil prices.