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Rupee rises 1 paisa to 83.28 against US dollar in early trade
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Forex traders said negative equity market sentiment and selling pressure from foreign investors kept the Indian currency range-bound.
At the interbank foreign exchange, the rupee opened at 83.28, higher by 1 paisa from its previous close.
On Thursday, the rupee closed at 83.29 against the American currency.
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading lower by 0.04 per cent at 105.86.
Brent crude futures, the global oil benchmark, rose 0.42 per cent to USD 80.35 per barrel.
In the domestic equity market, the BSE Sensex declined 187.32 points or 0.29 per cent to 64,644.88. The NSE Nifty fell 47.20 points or 0.47 per cent to 19,348.10.
About this in other media
Rupee trades flat at 83.33 against the US dollar livemint.com /11 months ago
Rupee recovers, trades higher at 83.28 against the US dollar livemint.com /11 months ago
Rupee rises 2 paise to 83.32 against US dollar in early trade livemint.com /1 year ago
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