<p class="title">The rupee started the new year on a positive note and appreciated by 15 paise to 69.62 against the US dollar in early trade Tuesday amid weakness in the greenback against some currencies overseas.</p>.<p class="bodytext">Forex traders said, increased selling of the American currency by exporters and banks also supported the domestic currency.</p>.<p class="bodytext">At the interbank forex market, the rupee opened higher at 69.63 and rose further to quote at 69.62, showing a rise of 15 paise over its previous close.</p>.<p class="bodytext">The Indian rupee Monday signed off the last trading session of 2018 with 18 paise gains at 69.77 per dollar.</p>.<p class="bodytext">Meanwhile, the dollar index, which gauges the American currencies strength against a basket of six currencies was trading lower by 0.02 per cent at 96.15.</p>.<p class="bodytext">Traders said, foreign fund outflows and higher crude oil prices weighed on the local unit and capped the upmove.</p>.<p class="bodytext">Foreign funds pulled out Rs 326.87 crore from the capital markets on a net basis, while domestic institutional investors bought shares worth Rs 321.98 crore Monday, provisional data showed.</p>.<p class="bodytext">Globally, Brent crude, the international benchmark, was trading 1.11 per cent higher at USD 53.80 per barrel.</p>.<p class="bodytext">Meanwhile, the BSE benchmark Sensex turned choppy after opening higher in early trade Tuesday amid sustained capital outflows by foreign funds and surging global crude oil prices.</p>.<p class="bodytext">The 30-share index dropped over 85.77 points, or 0.24 per cent, to 35,982.56 in morning trade, after touching a high of 36,161.80 at the outset.</p>
<p class="title">The rupee started the new year on a positive note and appreciated by 15 paise to 69.62 against the US dollar in early trade Tuesday amid weakness in the greenback against some currencies overseas.</p>.<p class="bodytext">Forex traders said, increased selling of the American currency by exporters and banks also supported the domestic currency.</p>.<p class="bodytext">At the interbank forex market, the rupee opened higher at 69.63 and rose further to quote at 69.62, showing a rise of 15 paise over its previous close.</p>.<p class="bodytext">The Indian rupee Monday signed off the last trading session of 2018 with 18 paise gains at 69.77 per dollar.</p>.<p class="bodytext">Meanwhile, the dollar index, which gauges the American currencies strength against a basket of six currencies was trading lower by 0.02 per cent at 96.15.</p>.<p class="bodytext">Traders said, foreign fund outflows and higher crude oil prices weighed on the local unit and capped the upmove.</p>.<p class="bodytext">Foreign funds pulled out Rs 326.87 crore from the capital markets on a net basis, while domestic institutional investors bought shares worth Rs 321.98 crore Monday, provisional data showed.</p>.<p class="bodytext">Globally, Brent crude, the international benchmark, was trading 1.11 per cent higher at USD 53.80 per barrel.</p>.<p class="bodytext">Meanwhile, the BSE benchmark Sensex turned choppy after opening higher in early trade Tuesday amid sustained capital outflows by foreign funds and surging global crude oil prices.</p>.<p class="bodytext">The 30-share index dropped over 85.77 points, or 0.24 per cent, to 35,982.56 in morning trade, after touching a high of 36,161.80 at the outset.</p>