Rupee increases 7 paise to 82.56 against US dollar

Tuesday’s early trade saw the rupee rise 7 paise to 82.56 against the US dollar, following the American currency’s decline in the international market.

The rupee is trading in a constrained range as traders remain cautious ahead of the RBI’s monetary policy announcement later this week. The RBI is anticipated to maintain the repo rate at 6.5 percent.

The native currency gained 7 paise from its previous close to open at 82.56 against the dollar on the interbank foreign exchange.

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