Rupee surges 10 paise to 73.20 against US dollar in early trade
File photo for representation. | Photo Credit: G. Ramakrishna The rupee appreciated by 10 paise to 73.20 against the US dollar in opening trade on Tuesday supported by positive domestic equities and strong Asian currencies. At the interbank forex market, the local unit opened at 73.22 against the US dollar, then inched higher to 73.20 against the greenback, registering a rise of 10 paise over its previous close. On Monday, the rupee had settled at 73.30 against the American currency. "However, appreciation bias could be capped amid concerns that rising COVID-19 cases and subsequent loc...