"us-currency"

While the US dollar fell slightly in overseas markets, rising Brent crude oil prices limited gains for the domestic currency.

At the interbank currency exchange, the domestic currency opened at 83.72, up 1 paisa from the previous day's close.

In the interbank foreign exchange market, the rupee opened strong at 83.70 against the US dollar, moving within a tight range of 83.70 to 83.72 in early trade.

At the interbank foreign exchange market, the rupee opened steady at 83.49 against the US dollar, trading within a narrow range of 83.49 to 83.50 in early trade.

Forex traders said the rupee is trading in a narrow range as the support from crude oil prices below USD 80 a barrel was negated by muted domestic equities.

At the interbank foreign exchange, the domestic unit opened strong at 82.11 against the dollar and hit the lowest level of 82.17 before trading at 82.16, registering a rise of 1 paisa over its previous close.

The domestic currency had lost 128 paise in the last eight trading sessions till Thursday.

Brent crude futures, the global oil benchmark, rose 0.88 per cent to USD 73.33 per barrel.

At the interbank forex market, the domestic unit opened at 74.35 against the US dollar, then gained further ground and touched 74.29, registering a rise of 47 paise over its previous close.

Losses in domestic stock markets and uncertainty ahead of US presidential election weighed on the investor sentiment, traders said.