The currency had risen by 21 paise to end at 71.46 against the US dollar Tuesday.
Moneycontrol News
@moneycontrolcom
The Indian rupee opened 32 paise higher to trade at 71.14 per US dollar. The Indian currency had ended the previous session at 71.46 per US dollar.
Increased selling of the greenback by exporters amid softening crude oil prices, and persistent foreign fund inflows pushed the Indian currency higher on Tuesday.
This is the sixth straight session of gains for the domestic unit as the US dollar weakened against some currencies overseas. In the last six trading sessions, the rupee has gained 143 paise.
The Reserve Bank Monday said it will inject Rs 8,000 crore into the system through purchase of government securities on November 22.
(With inputs from PTI)First Published on Nov 22, 2018 09:02 am
