Rupee gains on Trump's trade optimism, tempered by strong dollar
The Indian rupee is likely to open slightly higher on Tuesday, with upbeat comments from US President Donald Trump on a potential trade deal lending support, though a mostly firm dollar and hedging demand are expected to hinder. The 1-month non-deliverable forward suggests the rupee will open between 88.64 and 88.66 against the US dollar, following Monday's close at 88.6975.