At the Interbank forex market, the rupee opened higher at 68.88 and strengthened further to 68.81 against the US dollar, higher by 15 paise over its previous close.
Mumbai, March 26
The rupee strengthened by 15 paise to 68.81 against the US dollar in opening trade on Tuesday on fresh selling of the greenback by exporters.
The weakening of the US dollar against some currencies overseas and a higher opening in domestic equity market supported the local unit, a currency dealer said.
At the Interbank forex market, the rupee opened higher at 68.88 and strengthened further to 68.81 against the US dollar, higher by 15 paise over its previous close.
On Tuesday, the rupee ended almost flat at 68.96 per US dollar as participants preferred to wait on the sidelines to see the outcome of the RBI’s first-ever rupee-dollar swap auction.
Brent crude futures, the global oil benchmark, was trading 0.09 per cent up at USD 67.27 per barrel.
Meanwhile, the benchmark BSE Sensex recovered by 77.38 points, or 0.20 per cent, to 37,886.29 in early trade on Tuesday.
Foreign portfolio investors (FPIs) bought equities worth a net Rs 150.40 crore on Monday, provisional data showed. PTI
Most Read In 24 Hours
Don't Miss
View All
Top News
3 Indian women killed in US as overspeeding SUV goes airborne, crashes into trees
The women who were related, belonged to Vasna and Kavitha vi...
Massive forest fires rage in Uttarakhand's Nainital; IAF called in
As many as 31 fresh incidents of forest fires are reported f...
Congress accuses Anurag Thakur of violating model code, complains to EC for his ‘property to Muslims’ charge
The Congress said that Thakur was following footsteps of PM ...
2 CRPF personnel killed in militant attack in Manipur’s Bishnupur
Militants attacked India Reserve Battalion camp at Naransein...
‘Classic case of ruling party misusing ED to crush biggest political opponent’, Arvind Kejriwal tells Supreme Court
In an affidavit filed in the top court ahead of Monday heari...
