Indian Rupee Trades In Narrow Range Against US Dollar

10/30/2023 4:31:55 AM

(MENAFN- Khaleej Times) The Indian rupee was trading in a narrow range against the US dollar in early trade on Monday, amid a negative trend in domestic equities.

Forex traders said the rupee is trading in a narrow range as sustained foreign fund outflows and strength of the American currency in the overseas market weighed on investor sentiments.

At the interbank foreign exchange, the rupee opened at 83.25 against the dollar (23.12 against UAE dirham) and then touched an early high of 83.24, and a low of 83.26 against the greenback.

[Editor's Note: For real-time Forex rates, visit KT's dedicated Trading News page here ]

ALSO READ:

Indian rupee rises 2 paise against UAE dirham in early trade

Indian rupee rises marginally against UAE dirham in early trade

MENAFN30102023000049011007ID1107328690

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.