Rupee rises 8 paise to 70.78 against dollar

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New Delhi: The rupee appreciated by 8 paise to 70.78 against the US dollar in early trade on Tuesday.

At the interbank foreign exchange, the rupee opened at 70.78 against the US dollar, registering a rise of 8 paise over its previous close.

On Monday, the rupee had settled for the day at 70.86 against the US dollar.

Traders said the appreciation in the rupee was largely on the back of positive global cues.

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