The rupee on Tuesday opened 24 paise higher at 70.90 against the US dollar amid rise in Asian equities. The domestic currency on Friday closed almost flat at 71.14 per US dollar amid hardening crude oil prices and lacklustre global cues. Persistent foreign fund inflows propped up the local unit though the gains were capped by crude oil hitting the $60 per barrel mark, forex brokers said.
Forex market was closed on Monday on account of assembly elections in Maharashtra.
Foreign investors bought equities worth Rs 36 crore on Friday, exchange data showed. They have infused a net sum of