Rupee strengthen slightly against US dollar in early trade on Tuesday
The partially convertible currency is currently trading at 90.62, stronger by 4 paise from its previous close of 90.66 on Monday
The Indian rupee strengthened slightly against the US dollar in early trade on Tuesday on foreign fund inflows. Foreign institutional Investors purchased equities worth Rs 2,254.64 crore on Monday. Local unit also got some support amid weak dollar ahead of the release of a slate of economic data that is expected to shape the path ahead for interest rates. Investors are awaiting the delayed January 2026 US non-farm payroll data and CPI inflation data for further clues on the Fed's monetary policy trajectory.
The partially convertible currency is currently trading at 90.62, stronger by 4 paise from its previous close of 90.66 on Monday. The currency touched a high and low of 90.77 and 90.6175 respectively.
