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Rupee Opens Higher At 69.37

Roshni Agarwal

Rupee in Tuesday's trade opened a tad higher at 69.37 versus previous day's close of 69.40.

The rupee on Monday fell sharply after the US administration signalled tariff hike on Chinese goods as it had seen no positive outcome of the trade talks. And with it, most of the leading currencies traded weak due to the escalation of trade tensions between the US and China.

USD-INR is expected to trade between 69.2 and 70.05-70.20.

Meanwhile, tracking global cues and SGX Nifty, benchmark stock indices are likely to open higher

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