Dollar retreat offers no relief, rupee hit by US crosswinds
The Indian rupee is expected to remain under strain on Tuesday despite a dip in the dollar with steep US tariffs and visa fee increases denting sentiment towards the Asian currency. 1-month NDF shows rupee likely to open slightly weaker at 88.3075, near 2-week low of 88.4550. DBS Bank said India is the top recipient of remittances, with the US contributing around one-third of it.