i Forex tips - Recovering from a two-month low, the Rupee appreciated 10 paise to 66.37 against the US Dollar in early trade on Tuesday.
The Domestic currency had slipped 28 paise to 66.47 against the greenback in the previous session on fresh month-end dollar demand from importers and banks.
On Monday, preliminary November PMI manufacturing for the US came in at 52.6 compared with 54.1 in October. A lower PMI reading has raised hopes that the trajectory of rate hikes in the US will be gradual.
In Europe, Greece met the conditions to receive up to 10 billion for bank recapitalisation. Euro zone's flash PMI reading for November jumped to the highest level in four years at 54.4. But that could not deter the dollar to hit a seven-month high against the euro.
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