Rupee trades in narrow range in early session against U.S. dollar
The Hindu
In the previous session, the rupee had settled almost flat at 73.93 against the U.S. dollar
The Indian rupee was trading in a narrow range in morning trade on January 13 as muted domestic equities and weak domestic macroeconomic data weighed on investor sentiments.
Forex traders said elevated crude oil prices also affected the appreciating bias in the local unit.
At the interbank foreign exchange, the rupee opened at 73.91 against the American dollar, then inched higher to 73.89, registering a rise of 4 paise from the last close. The local unit also touched 73.97 in early deals.
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