Ethical Research - Rupee opens higher by 15 paise at 70.78/$


The rupee opened higher by 15 paise at 70.78/$ on Tuesday vs. its previous close at 70.93/$.

The local unit recovered from the day's low on Monday to close flat at 70.93/$ owing to foreign fund inflows in stocks and lower global crude oil prices.

Geopolitical concerns persist in the Middle East after Saudi oilfields were attacked by drones.

Meanwhile, benchmark indices are trading flat in morning trade today after logging the biggest 2-day gain.

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