The rupee on Monday appreciated 3 paise to nearly four-week high of 75 against the U.S. dollar.
The rupee appreciated 12 paise to 74.88 against the U.S. dollar in opening trade on Tuesday, tracking gains in domestic equity markets.
At the interbank foreign exchange, the rupee opened strong at 74.95 against the American dollar, then inched higher to 74.88, registering a rise of 12 paise from the last close.
The rupee on Monday appreciated 3 paise to nearly four-week high of 75 against the U.S. dollar.
Positive moves in Indian equity indices and stronger Asian currencies aided sentiments, forex traders said, adding that trading is likely to remain range-bound this week ahead of the year-end holidays.
Moreover, Omicron worries and firm crude oil prices contained the appreciation bias in the local unit, they added.
The dollar index, which gauges the greenback’s strength against a basket of six currencies, was trading unchanged at…
