Rupee gains 11 paise to 70.81 vs USD
The rupee appreciated by 11 paise to 70.81 against the US dollar in opening trade Tuesday.
Mumbai: The rupee appreciated by 11 paise to 70.81 against the US dollar in opening trade Tuesday, driven by weakening of the greenback in overseas markets and fresh foreign inflows.
The rupee opened weak at 70.95 at the interbank forex market then gained further ground and touched 70.81 amid a weak opening in domestic equities, displaying gains of 11 paise over its last close.
The domestic forex market and equity market were closed Monday on account of Mahashivratri.
Meanwhile, the benchmark BSE Sensex was trading lower by 42.42 points, or 0.12 per cent to quote at 36,012.39 while the NSE Nifty was trading at 10,847.45, down by 16.05 points, or 0.15 per cent. (PTI)