Rupee settles 10 paise higher at 75.63 against US dollar
Forex traders said the rupee is trading in a narrow range as positive domestic equities supported the local unit, while sustained foreign fund outflows and concerns over coronavirus outbreak weighed on the local unit.
At the interbank foreign exchange, the rupee opened at 75.62, and finally settled at 75.63, registering a rise of 10 paise over its previous close.
During the day the domestic unit saw an intra-day high of 75.50 and a low of 75.72 against the US dollar.
On Monday, the rupee had settled at 75.73 against the US dollar.
Domestic bourses were trading on a positive note with the benchmark Sensex trading 85.45 points higher at 31,800.80 and broader Nifty 15.30 points at 9,308.80.