Dollar closed at 68.0400 against its opening at 68.0225. Dollar ended down Tuesday on likely selling by foreign banks and exporters amid a pull back in dollar index from its highest level this year, "Selling by foreign banks and exporters amid globally weak dollar supported the rupee," said a dealer with private-sector bank. Dollar in the offshore market traded lower during evening trades tracking the weakness in the greenback.Dollar may open lower Tuesday on likely selling by foreign banks and exporters even as dollar index pulled back from its highest level this year."The spot will track the fall in one-month NDF. There may be some profit-booking by foreign banks on their dollar holding amid weak dollar,"."Exporters too might sell dollar during opening trade.". Dollar index, which weighs greenback against a basket of six major currencies traded at 93.57 Tuesday compared to 93.81 at close of Indian Market Monday.The greenback erased its early gains as investors booked profits taking advantage of recent sharp rally.The index had surged to five-month high on optimism that the US will grow faster than other countries leading to an aggressive rate hikes by the Federal Reserve. Analysts are focusing on Federal Reserve May monetary policy meeting minutes due later tomorrow. Asian markets were subdued on Tuesday, shrugging off gains seen on Wall Street as recent US-China trade tensions cooled.Markets in Hong Kong and South Korea were closed on Tuesday for a holiday. Markets were concerned over US sanctions targeting Venezuela following the latter's recent election, the results of which were widely condemned.

Sensex provisionally ends 47 points higher with 18 components in the green.

INETRNATIONAL

Asian stocks edged up as investors kept a cautious watch on developments in U.S.-China trade negotiations, with the dollar perched near a five-month peak after the benchmark U.S. Treasury yield hit its highest in seven years.