Rupee rises 15 paise to 68.81 against US dollar in early trade
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.
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