Research Icon- Rupee opens to the US dollar marginally higher

Mumbai: On Monday, the rupee marginally reinforced against the US dollar, monitoring gains in its Asian peer and pre-trade national equity markets.

The Indian currency, having opened at $68.60, was traded at $68.59 in early deals, up from its prior close of $68.68.

The Sensex benchmark rose 0.72 percent at 39,014.40 points in pre-trade. The index has increased by 8% so far this year.

So far in the year, the rupee has increased 1.6 percent against the greenback, while foreign investors have purchased $10.70 billion in Indian equity and $2.39 billion in the debt market over the period.

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