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Rupee gains as risk sentiment improves

Postponement of GAAR by a year and an active RBI has also helped bolster the rupee's sentiment

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Reuters Mumbai

The rupee opened higher on Tuesday as global risk sentiment improved, while the postponement of GAAR by a year and an active RBI has also helped bolster the rupee's sentiment.

The rupee was last trading at 52.8250/8350 to the dollar versus the 52.9150/9250 Monday close.

 

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First Published: May 08 2012 | 9:54 AM IST

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