Rupee trades in a narrow range in early session against U.S. dollar
The Hindu
The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.04% lower at 95.69
The Indian rupee was trading in a narrow range in morning trade on January 21 as muted domestic equities and sustained foreign fund outflows negated the impact of easing crude oil prices.
At the interbank foreign exchange, the rupee opened at 74.50 against the American dollar, then inched higher to 74.48. The local unit also touched an early low of 74.53 against U.S. dollar in the opening session.
On January 20, the rupee had slipped 7 paise to close at 74.51 against the U.S. dollar.
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