Rupee gains 15 paise to 75.30 against U.S. dollar in early trade
The Hindu
In the previous session, the rupee had settled at 75.45 against the greenback.
The rupee appreciated 15 paise to 75.30 against the U.S. dollar in opening trade on Tuesday, as a rally in domestic equities and weak American currency in the overseas markets boosted investor sentiments.
However, surging crude prices in the international market and unabated foreign capital outflows capped the rupee’s rise, traders said.
At the interbank foreign exchange, the rupee opened strong at 75.31 and inched up to quote 75.30 against the American dollar in early deals, registering a rise of 15 paise from the last close.
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The Karnataka government has drafted a comprehensive master plan for the integrated development of Kukke Subrahmanya temple, the State’s highest revenue-generating temple managed by the Hindu Religious Institutions and Charitable Endowments Department. The redevelopment initiative is estimated to cost around ₹254 crore and aims to enhance infrastructure and facilities for devotees.