The Indian rupee inched higher by 5 paise to 75.03 against the US dollar in opening trade on Tuesday amid a positive trend in domestic equities.
The Indian rupee inched higher by 5 paise to 75.03 against the US dollar in opening trade on Tuesday amid a positive trend in domestic equities.
At the interbank foreign exchange, the rupee opened at 75.05 against the dollar, then rose to 75.03, registering an increase of just 5 paise over its previous close.
The rupee on Monday had settled at 75.08 against the US dollar.
Meanwhile, the dollar index, which gauges the greenback’s strength against a basket of six currencies, rose 0.10 per cent to 93.90.