<p>The rupee appreciated 29 paise to close at 75.66 against the US dollar on Tuesday tracking weakness in the American currency, while easing of COVID-19 lockdown measures fuelled growth optimism.</p>.<p>At the interbank foreign exchange, the rupee opened at 75.69, then gained ground and finally settled for the day at 75.66, registering a rise of 29 paise over its previous close.</p>.<p>On Friday, Rupee had settled at 75.95 against the US dollar.</p>.<p>Forex market was closed on Monday for Id-Ul-Fitr.</p>.<p>During the trading session, the rupee witnessed an intra-day high of 75.62 and a low of 75.74.</p>.<p>Forex traders said the weakness of the US dollar against other currencies overseas and easing of lockdown restriction across the world boosted investor sentiment and supported the local unit.</p>.<p>In the equity market, domestic bourses pared initial gains and were trading on a negative note with the benchmark Sensex down 151.66 points at 30,520.93 and broader Nifty 41.65 points lower at 8,997.60.</p>.<p>The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.44 per cent down at 99.42.</p>.<p>Meanwhile, foreign institutional investors were net sellers in the capital market, as they sold equity shares worth Rs 1,353.90 crore on Friday, according to provisional exchange data. </p>
<p>The rupee appreciated 29 paise to close at 75.66 against the US dollar on Tuesday tracking weakness in the American currency, while easing of COVID-19 lockdown measures fuelled growth optimism.</p>.<p>At the interbank foreign exchange, the rupee opened at 75.69, then gained ground and finally settled for the day at 75.66, registering a rise of 29 paise over its previous close.</p>.<p>On Friday, Rupee had settled at 75.95 against the US dollar.</p>.<p>Forex market was closed on Monday for Id-Ul-Fitr.</p>.<p>During the trading session, the rupee witnessed an intra-day high of 75.62 and a low of 75.74.</p>.<p>Forex traders said the weakness of the US dollar against other currencies overseas and easing of lockdown restriction across the world boosted investor sentiment and supported the local unit.</p>.<p>In the equity market, domestic bourses pared initial gains and were trading on a negative note with the benchmark Sensex down 151.66 points at 30,520.93 and broader Nifty 41.65 points lower at 8,997.60.</p>.<p>The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.44 per cent down at 99.42.</p>.<p>Meanwhile, foreign institutional investors were net sellers in the capital market, as they sold equity shares worth Rs 1,353.90 crore on Friday, according to provisional exchange data. </p>