The Indian rupee opened higher by 6 paise at 71.23 per dollar on Tuesday against the previous close of 71.29/$.

The local unit on Monday settled higher by 10 paise at 71.30 against the US dollar amid easing crude oil prices and weakening of the American currency in the overseas market.

Besides, foreign institutional investors (FIIs) sold shares worth Rs184.58cr and domestic institutional investors (DIIs) sold shares of worth Rs735.79cr, as per provisional data available on the NSE showed.

Meanwhile, Asian markets were mostly trading higher on Tuesday as investors continue to weigh the economic impact of the ongoing coronavirus outbreak which has already taken more than 1,000 lives. Markets in Japan are closed on Tuesday for a holiday.

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