The Indian rupee opened higher against the US dollar on Tuesday due to weakening of the greenback against major currencies. The local unit opened 3 paise higher at 69.32/$.
Currently, the local unit is up 13 paise at 69.26/$. The 10-year government bond yield was at 6.836% vs. Monday's close of 6.85%.
Investors await US-China trade talks at the G20 meeting later this week. Rising geopolitical tensions between the US and Iran has also made investors cautious.
On Monday, the rupee settled 23 paise higher at 69.35 to the US dollar amid a weakening of the greenback against major currencies.
Meanwhile, equity benchmark indices were trading in the positive zone with the Sensex up 10 points at 39,129 levels. The Nifty is slightly up 4 points at 11,704 levels.
Further, crude oil prices were firm, supported by worries over the conflict between Iran and the US but pressured by concerns about a potential decline in demand for crude.
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