Dollar opened at 67.0700 against its previous day closing of 67.1100. Dollar open lower on selling by exporters, foreign banks amid focus on Reserve Bank of India led Monetary Policy Committee (MPC) outcome due tomorrow. The greenback recovered from its early weakness after a sharp increase in new orders for US manufactured goods in the month of May. The US Commerce Department released a report on Monday showing factory orders pulled back by more than expected in the month of April. The Commerce Department said factory orders dropped by 0.8% in April after spiking by an upwardly revised 1.7% in March. Economists had expected factory orders to fall by 0.5% compared to the 1.6% jump originally reported for the previous month. Stock in Asia traded mixed as investors await development on trade-war front, North Korea-US summit and political development in Italy.
Sensex opens 30 points up with 14 components in the green.