Dollar-rupee futures appreciated on Tuesday against US dollar. USDINR September contract went up 12 paise or 0.2% at 60.99 as against previous close of 60.87.

ICICIdirect expects the US dollar to meet supply pressure on rallies against the rupee. ''Utilize pullbacks in the USD/INR September contract to sell. Sell USD/INR September futures in the range of 61.06-61.16 with target 60.85-60.70.''

''USDINR may trade on a positive note on the back of better than expected US economic data and fed signals on earlier than expected interest rate hikes,'' said Sushil Finance.

Disclaimer: IRIS has taken due care and caution in compilation of data for its web site. Information has been obtained by IRIS from sources which it considers reliable. However, IRIS does not guarantee the accuracy, adequacy or completeness of any information and is not responsible for any errors or omissions or for the results obtained from the use of such information. IRIS especially states that it has no financial liability whatsoever to any user on account of the use of information provided on its website.