Rupee sheds gains, dollar rises post US elections result

The rupee is trading at 61.4075 versus Monday's close of 61.40/41, falling from an intraday high of 61.3350.

 

Dollar rallied against global majors after Republican victory in US mid-term elections cleared political uncertainty.

 

Dollar index is up 0.36%.

 

Nifty is up 0.2%.