The US dollar suffered a huge blow as compared to the local currency as soon as the market opened on Tuesday.
The interbank trade market of the currency opened with the greenback losing a shocking Rs15.
The US dollar was being quoted at Rs285, with a drop of Rs5 while trading volume was narrow as exchange firms remained shut due to a bank holiday.
Experts claim greenback would also slide in the inter-bank market in light of positive development on the economic front.