Rupee rebounds 7 paise against dollar in early trade
The unit was also boosted by a higher opening of the domestic equities market tracking positive cues from Asian stocks amid rising hopes of US and China striking a trade deal. US President Donald Trump, on Tuesday, said that talks with Beijing on a trade deal were going on "very well".
The Indian rupee Tuesday plunged by 53 paise to close at 70.21 against the US dollar amid renewed concerns over widening of current account deficit following constant rise in global crude oil prices. Reuters