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May 08, 2012, 09.16 AM IST

Rupee gains as risk sentiment improves

The rupee opened higher on Tuesday as global risk sentiment improved, while the postponement of GAAR by a year and an active RBI has also helped bolster the rupee's sentiment.

Source: Reuters
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Rupee gains as risk sentiment improves
MUMBAI (Reuters) - The rupee opened higher on Tuesday as global risk sentiment improved, while the postponement of GAAR by a year and an active RBI has also helped bolster the rupee's sentiment.


The rupee was last trading at 52.8250/8350 to the dollar versus the 52.9150/9250 Monday close.


(Reporting by Subhadip Sircar; Editing by Rafael Nam)


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