<p> The rupee appreciated by 22 paise to 70.72 against the US dollar in early trade on Tuesday as foreign fund inflows and easing crude oil prices enthused investors.</p>.<p>At the interbank foreign exchange, the rupee opened at 70.72, registering a rise of 22 paise over its previous close.</p>.<p>The rupee had settled at 70.94 against the US dollar on Monday.</p>.<p>The domestic unit however pared some initial gains and was trading at 70.79 against the US dollar at 1010 hrs.</p>.<p>Forex traders said fresh foreign fund inflows, a higher opening in domestic equities and easing crude oil prices supported the rupee.</p>.<p>Foreign institutional investors (FIIs) remained net buyers in the capital market, putting in Rs 2,684.05 crore on Monday, according to provisional exchange data.</p>.<p>Brent crude futures, the global oil benchmark, fell 0.57 per cent to trade at USD 64.40 per barrel.</p>.<p>Domestic bourses opened on a cautious note on Tuesday with benchmark indices Sensex trading 108.01 points higher at 39,198.04 and Nifty up 20.10 points at 11,620.30.</p>.<p>The dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.06 per cent to 98.65.</p>.<p>The 10-year government bond yield was at 6.75 per cent in morning trade.</p>
<p> The rupee appreciated by 22 paise to 70.72 against the US dollar in early trade on Tuesday as foreign fund inflows and easing crude oil prices enthused investors.</p>.<p>At the interbank foreign exchange, the rupee opened at 70.72, registering a rise of 22 paise over its previous close.</p>.<p>The rupee had settled at 70.94 against the US dollar on Monday.</p>.<p>The domestic unit however pared some initial gains and was trading at 70.79 against the US dollar at 1010 hrs.</p>.<p>Forex traders said fresh foreign fund inflows, a higher opening in domestic equities and easing crude oil prices supported the rupee.</p>.<p>Foreign institutional investors (FIIs) remained net buyers in the capital market, putting in Rs 2,684.05 crore on Monday, according to provisional exchange data.</p>.<p>Brent crude futures, the global oil benchmark, fell 0.57 per cent to trade at USD 64.40 per barrel.</p>.<p>Domestic bourses opened on a cautious note on Tuesday with benchmark indices Sensex trading 108.01 points higher at 39,198.04 and Nifty up 20.10 points at 11,620.30.</p>.<p>The dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.06 per cent to 98.65.</p>.<p>The 10-year government bond yield was at 6.75 per cent in morning trade.</p>