Besides, strengthening of the euro and yen against the dollar in overseas market and a higher opening in the domestic equity market also supported the rupee, forex dealers said.
    
The rupee had lost 29 paise, its biggest drop in nearly three weeks, to close at 60.01 against the dollar on Monday on rising demand for US currency from custodian banks.
    
Meanwhile, the benchmark BSE Sensex rose by 90.36 points, or 0.34 percent, to trade at a new record high of 26,190.44 in the morning trade on Tuesday.

(Agencies)

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