Rupee gains 31 paise to 81.51 against U.S. dollar in early trade
The Hindu
The local currency opened sharply up at 81.66 against the dollar, then gained further ground to 81.51, showing a gain of 31 paise over its previous close
The rupee strengthened by 31 paise to 81.51 against the U.S. dollar in early trade on Tuesday, tracking weakness in the greenback in overseas markets and a rally in domestic equities.
However, rising crude price in the international market restricted the rupee, forex traders said.
At the interbank foreign exchange, the local currency opened sharply up at 81.66 against the dollar, then gained further ground to 81.51, showing a gain of 31 paise over its previous close.
The rupee settled 42 paise lower at 81.82 against the dollar on Monday.
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