Mumbai - The dollar limped off multi-month lows against major peers on Tuesday
Published: Tue 28 Mar 2017, 10:46 AM
Updated: Tue 28 Mar 2017, 12:53 PM
Rupee strengthened against the dollar in early trade today on increased selling of the US currency by banks and exporters.
The dollar limped off multi-month lows against major peers on Tuesday, with much of the lift from the "Trump trade" now gone.
The greenback had taken a beating as market participants saw the prospects for a US fiscal spending boost from President Donald Trump significantly diminished by his failure to pass a key healthcare reform bill.
Meanwhile, the Sensex registered a good beginning on Tuesday as it recouped over 127 points after Monday's loss, with Asia providing a positive backdrop amid sustained foreign inflows.
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