Rupee Opens At 69.62 To The Dollar

The Indian rupee opened at 69.62 to the dollar, a shade higher than Monday's closing of 69.67.

A surge in crude prices, following the Trump administration's decision to no longer grant sanctions waivers to any country that is currently importing Iranian oil, led to a fall in the Indian rupee on Monday.

However, today's gains in the rupee is after some cooling-off in crude prices.