On Monday, the rupee had settled at 74.03 against the U.S. dollarThe rupee pared initial gains to settle marginally up by 1 paisa at 74.02 against the U.S. dollar on Tuesday amid a lacklustre trend in domestic equities. At the interbank forex market, the domestic unit opened strong at 73.92 but erased early gains to finally close at 74.02, up 1 paisa from its previous closing. During the session, the domestic unit witnessed an intra-day high of 73.85 and a low of 74.09 against the U.S. dollar. On Monday, the rupee had settled at 74.03 against the U.S. dollar. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.13% to 93.93.

Source: The Hindu November 09, 2021 15:17 UTC