Rupee seen higher after dollar tumbles on positive risk mood
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2022/10/0e7141dfaa6c95cbfde9f40440776928.jpg)
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
The Indian rupee is tipped to open higher against the U.S. currency on Tuesday as a slide in U.K. yields boosted risk appetite and hurt demand for the safe-haven dollar.
The rupee is expected to open at around 82.20-82.25 per dollar, up from 82.35 in the previous session, when it traded in a roughly six-paisa range.
"We reckon that after the opening dip (on USD/INR), we will probably have another quiet session, like yesterday, or the dollar drifts higher back to the 82.40 level," a trader at a Mumbai-based bank said.
The chances of the rupee adding to its opening advance "are quite low" given the likelihood of decent dollar buy orders at around 82.10-82.15, the dealer said.
The rupee in recent sessions has repeatedly struggled to breach that level.
![](https://portfolio.investmentguruindia.com/uploads/news/insurance 123.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Axis Securities Ltd.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Wipro.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/2b1715f7e03b51b0ac9c014eb224fc1f.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/gdp22.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Geojit Financial Services.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Dollar retures 2.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/health22.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Arvind Kapil, MD and CEO, Poonawalla Fincorp.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/stock8.jpg)