The rupee valued 2 paise to 83.38 against the US dollar in early exchange on Tuesday, following a feeble American cash and inflow of unfamiliar assets in the homegrown values.

Forex brokers said, positive opinion in the homegrown value markets and lower raw petroleum cost likewise preferred the Indian cash.

At the interbank unfamiliar trade, the rupee opened at 83.37 against the dollar and afterward contacted 83.38, enlisting an increase of 2 paise over its past close.

On Friday, the rupee settled at 83.40 against the American cash. The forex market stayed shut on Monday because of Master Nanak Jayanti.

In the interim, the dollar record, which checks the greenback's solidarity against a bushel of six monetary standards, was exchanging lower by 0.06 percent at 103.14.

Worldwide oil benchmark Brent unrefined prospects rose 0.28 percent to USD 80.20 per barrel.

On the homegrown value market front, the BSE Sensex was exchanging 58.68 focuses or 0.09 percent higher at 66,028.72, while the more extensive NSE Clever rose 36.80 focuses or 0.19 percent to 19,831.50.

Unfamiliar institutional financial backers were net purchasers in the capital market on Friday as they bought shares worth Rs 2,625.21 crore, as per trade information.

Likewise, the country's forex holds expanded by USD 5.077 billion to USD 595.397 billion during the week finished November 17, the Save Bank said on Friday.