Indian Rupee Ends Firm Against The U.S. Dollar

The Indian rupee closed higher on Tuesday, after a four-day rout that saw the local currency slip to a record low of 81.66 against the dollar.

The currency gained 0.18% at the open to 81.48, compared with Monday's close of 81.62.

During the day, the rupee appreciated as much as 0.41% to 81.29 against the greenback, before paring almost all the gains to close 0.06% higher at 81.57.