 "Rupee settles below 70 after three months, crude oil slides further")
The rupee on Tuesday opened one paisa higher at 68.65 against the US dollar amid subdued Asian equities and soft crude oil prices.
The domestic unit on Monday declined by 24 paise to close at 68.66, cutting short its three winning run due to a massive selloff in equities and weakening expectations of a rate cut by the US Federal Reserve in near future.
Rupee consolidated in a narrow range on Monday but came under pressure in the latter half following a meltdown in equity markets. Indian equities were weighed down following concerns that increased surcharge on super-rich could affect
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