Indian rupee opens higher at 71.17 per US dollar

The rupee had skidded by 16 paise on Tuesday — its third straight session of loss — to close at 71.44 against the US dollar amid strengthening of the greenback and heavy selling in domestic equities.

The Indian rupee opened at 71.17 per US dollar, a gain of 27 paise over its previous close.

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Posted in: Indian Market Tips