Besides, strength in other currencies against the dollar overseas after fresh figures showed pending US home sales slowed for the fifth straight month in October also supported the rupee, forex dealers said.

They said, however, a lower opening in the domestic equity market capped the gains. The rupee had gained 37 paise to end at 62.50 on Monday after global crude oil prices dropped following a nuclear deal between Iran and world powers.

Meanwhile, the BSE benchmark index Sensex fell by 66.06 points, or 0.32 percent, to 20,539.02 in morning trade on Tuesday.


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