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Rupee rises by 18 paise to 48.45 a dollar in opening trade

The Indian rupee strengthened by 18 paise against the US currency in the opening trade on Tuesday as exporters sold the dollar, which weakened against major currencies.

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The Indian rupee strengthened by 18 paise against the US currency in the opening trade on Tuesday as exporters sold the dollar, which weakened against major currencies.

At the Interbank Foreign Exchange (Forex) market, the domestic unit appreciated by 18 paise to 48.45 a dollar. Yesterday, the rupee closed 9 paise higher at 48.6350/6450.

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