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Rupee Opens Higher At 69.45

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The Indian rupee gained ground in Tuesday's session and opened higher by 20 paise as against previous day's close of 69.65 apiece a dollar.

In Monday's session, rupee lost all its gains made during the day and ended lower by 19 paise at 69.65 on the back of surge in crude oil prices and strengthening of the dollar against other major Asian currencies.

Rupee Opens Higher At 69.45
 

Going ahead rupee's trajectory will be guided by important economic numbers i.e. inflation and IIP that are due to be released tomorrow.

As per the brokerage firm, Motilal Oswal, rupee is expected to trade in the range of 69.20 and 69.90.

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Read more about: rupee dollar crude oil inflation
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