NEW DELHI: The rupeeon Tuesday opened 24 paise higher at 69.65 against the US dollar.
The domestic unit on Monday made a strong comeback from its lifetime low and ended with a stellar 33 paise gains at 69.82 on heavy dollar unwinding and a robust rally in domestic equities.
This was the biggest one-day vault against the American currency in seven weeks.
The Indian currency had its most turbulent week in more than two years witnessing record lows after doing little to quell investors' fears of a prolonged downturn ahead – a shock resembling 2013 currency crisis, said a PTI report.
The rupee crashed to a historic low of 70.40 before closing at a lifetime low of 70.15 against the dollar in the wake of Turkey's currency crisis last week.
On the global front, oil prices were mixed in early trade on Tuesday, with US fuel markets seen to be tightening while the Sino-US trade dispute dragged on international crude contracts, said a Reuters report.
The dollar extended a decline against major peers on comments from US President Donald Trump, and Asian stocks traded mixed after muted gains in US equities, Bloomberg reported.
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