On Tuesday , USDINR opened 4 pips firm @ 69.62/63.
In Early trade, USDINR getting some offer keep unit appreciation.
The surge in oil prices is major matter of concern.
Brent prices surged as much as 3.2% to 74.31 a barrel, the highest since Oct. 31, as the U.S. government was said to eliminate sanction waivers that allowed buyers to import Iranian crude.
INTRADAY RANGE - 69.25 ( 69.45 - 69.91 ) 70.21
On Monday, The rupee plunged by 38 pips to close at a two-week low of 69.66/67 against the US dollar following a spike in crude oil prices on reports that the US will end waivers on Iranian oil imports.
The domestic currency managed to recover some lost ground after touching 69.88, the lowest in more than a month, during intra-day trade.
At the Foreign Exchange , the rupee opened sharply lower at 69.75/76 and touched a low of 69.88 against the dollar in early trade. But it pared early losses later and rose to an intra-day high of 69.4975.
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