Dollar closed at 64.0350 against its opening of 63.9800. Dollar ends up as it pare gains by late trades as improving globally risk appetite may bring FII inflows into local stocks after concerns about Hurricane Irma receded amid waning geo-political tension between the US and North Korea. Further easing fears of Hurricane IRMA and subsiding tension between US and North Korea are supporting the dollar bulls.  The greenback surged against its major peers as strength of Irma faded further to a category 1 hurricane on Monday and then to a tropical storms according to reports. Asian currencies are mostly weak against dollar. Indian shares opened higher Monday after the United Nations Security Council approved new sanctions aimed at punishing North Korea for its latest missile and nuclear tests amid positive global markets. On global front, Asian stocks traded higher as risk sentiments improved as worries over Hurricane Irma and North Korea eased. Global Risk appetite also returned to the markets as on as tension between US and North Korea also eased. Meanwhile, the United Nations Security Council unanimously adopted a US drafted resolution to impose new sanctions on North Korea on Monday, a move that comes just one week after North Korea carried out its sixth and largest nuclear test.

 BSE Sensex closes higher by 276 points to 32,159, while the Nifty 50 rises 87 points to close at 10,093..

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Asian shares hit a 10-year peak with investors breathing a sigh of relief as North Korean fears eased slightly and the worst-case scenario from Hurricane Irma looked to have been avoided.

Oil prices edged down in early Asian trading on Tuesday, as traders weighed up the dampening effect on demand of Hurricane Irma versus refinery restarts in the wake of Hurricane Harvey that should lead to more crude oil processing.

Gold on Tuesday extended losses from the previous session, with equities strengthening and the dollar holding gains as investor appetite for risk showed signs of picking up.

The United Nations Security Council unanimously stepped up sanctions against North Korea on Monday over the country’s sixth and most powerful nuclear test conducted on Sept. 3, imposing a ban on the country’s textile exports and capping imports of crude oil.