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Rupee recovers 21 paise to 72.91 against US dollar

Press Trust of India  |  Mumbai 

The recovered 21 paise to 72.91 against the US early Tuesday on increased selling by exporters.

The dollar's weakness against some currencies overseas and a better opening of the domestic equity market also supported the rupee, dealers said,.

At the interbank forex market, the opened strong at 72.98 and advanced further to trade at 72.91, reflecting a rise of 21 paise over its previous close of 73.12 against the

On Monday, the Indian tumbled 67 paise to close at 73.12 against the US on increased demand for the American from importers and unabated foreign fund outflows.

Meanwhile, the benchmark Sensex rose 118.44 points, or 0.34 per cent, to 35,069.36 in opening trade Tuesday.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, November 06 2018. 09:30 IST