At 5.01 p.m. local time, the rupee was trading marginally up at 59.66 against the dollar.
The domestic unit resumed higher at 59.61 against the previous close of 59.67 on Monday due to dollar selling by banks and exporters.
However, it pared its initial gains and weakened to 59.78 a dollar in the first trading session at the Interbank Foreign Exchange market.
Call rates and G-Secs
The call money market was trading weak at 7.2 per cent from its previous close of 7.10 per cent on Monday.
The 10-year benchmark 7.16 per cent government bond, which matures in 2023, was trading higher at Rs 97.75 from Monday’s close of Rs 97.52. Yields softened to 7.48 per cent from 7.51 per cent.
The old benchmark 8.15 per cent bond, which matures in 2022, was trading higher at Rs 103.23 from Rs 102.92, while yields were down at Rs 7.64 per cent from 7.69 per cent.
