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Rupee surges 13 paise to 72.83 against US dollar in early trade

At the interbank foreign exchange, the domestic unit opened at 72.85 against the dollar, then inched higher to 72.83, registering a gain of 13 paise over its previous close.

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This picture has been used for representational purpose

This picture has been used for representational purpose

The Indian rupee strengthened by 13 paise to 72.83 against the US dollar in early trade on Tuesday tracking the broad weakness of the greenback and positive domestic equities. At the interbank foreign exchange, the domestic unit opened at 72.85 against the dollar, then inched higher to 72.83, registering a gain of 13 paise over its previous close.

On Monday, the rupee had settled at 72.96 against the US dollar. The rupee started on a positive note against the dollar, tracking the broad weakness of the Greenback this morning, Reliance Securities said in a research note. Most Asian currencies have started mixed against the US dollar and will await fresh triggers, the note added.

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