Representative image of Indian Rupee and US dollar.
Credit: iStock Image.
The rupee rose 7 paise to 87.68 against US dollar in early trade on Tuesday.
Rupee pared initial gains and settled for the day on a negative note, lower by 8 paise at 87.66 (provisional) against the US dollar on Monday, as it came under pressure due to continued dollar demand by importers and a rebound in crude oil prices.
More to follow...