Rupee rises 12 paise to 70.75 against USD in early trade

DN Bureau

The Indian rupee appreciated by 12 paise to 70.75 against the US dollar in early trade on Tuesday as easing crude prices strengthened investor sentiments.

Rupee
Rupee

Mumbai: The Indian rupee appreciated by 12 paise to 70.75 against the US dollar in early trade on Tuesday as easing crude prices strengthened investor sentiments.

At the interbank foreign exchange the rupee opened at 70.75, registering a rise of 12 paise over its previous close.

On Monday, rupee had settled for the day at 70.87 against the US dollar. Domestic bourses opened on a cautious note on Tuesday with benchmark indices Sensex trading 113.23 points lower at 38,554.10 and Nifty down 20.70 points at 11,453.75.

The dollar index, which gauges the greenback's strength against a basket of six currencies, rose by 0.11 per cent to 99.48. (PTI)
 

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