Rupee Opens Weaker at 61.88 to the Dollar

The rupee opened the day weaker at 61.88 to the dollar, dropping by 5 paise from Monday's close of 61.83 to the dollar.

The rupee has remained rangebound in the last few trading sessions, despite a slump in stocks on Monday.

The rupee is expected to have a quiet session in trade in the absence of any major cues. Markets across the globe were trading with a slight negative bias after an oil slump pushed the US Dow Jones lower on Monday.

Check rupee rates here

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