Rupee rises 11 paise to 69.80 vs USD in early trade

DN Bureau

The rupee appreciated by 11 paise to 69.80 against the US dollar in opening trade Tuesday, driven by positive opening in domestic equities and easing crude prices.

Representational Image
Representational Image

Mumbai: The rupee appreciated by 11 paise to 69.80 against the US dollar in opening trade Tuesday, driven by positive opening in domestic equities and easing crude prices.

Also Read: Rupee slips 9 paise to 69.89 vs USD in early trade 

The rupee opened strong at 69.82 at the interbank forex market then gained further ground to touch 69.80 per dollar amid positive opening in domestic equities, displaying gains of 11 paise against the greenback.

On Monday, the rupee had settled at 69.91 against the US dollar. The benchmark BSE Sensex was trading with gains of 74.25 points, or 0.19 per cent to quote at 39,035.04 while the NSE Nifty was trading at 11,683.60, up 11.45 points, or 0.10 per cent.

Also Read: Sensex plummets 491 pts on Indo-US trade war fears

Meanwhile, brent crude, the global benchmark, was trading at 60.90 per barrel lower by 0.07 per cent. (PTI)

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