Rupee Rises 4 Paise to 83.24 Against USD

Mumbai: The rupee rose 4 paise to 83.24 against the US dollar in early trade on Tuesday, helped by positive equity market trends even as concerns remained over the conflict in the Middle East.

At the interbank foreign exchange, the rupee opened at 83.23 and stayed in the narrow range of 83.23 and 83.25 against the greenback. It later traded at 83.24 against the dollar, registering a rise of 4 paise over its previous close.

On Monday, the rupee slipped 1 paise to settle at 83.28 against the US dollar.