"us-dollar"

At the interbank foreign exchange, the domestic unit opened weak at 81.95 against the dollar, registering a decline of 5 paise over its last close. In initial trade, the local unit also saw a high of 81.88 against the greenback.

At the interbank foreign exchange market, the rupee opened higher at 82.08 against the US dollar and moved in a narrow range of 82.04 to 82.10 later in early deals.

At the interbank foreign exchange, the domestic unit opened weak at 82.44 against the dollar, then fell to 82.46, registering a decline of 25 paise over its last close.

The rupee had closed lower by 18 paise at 82.34 to a dollar on Wednesday. The forex market was closed on Thursday for Ram Navami.

BSE Sensex rose by 123.64 points or 0.21 per cent to 57,737.36 while NSE Nifty gained 53.70 points or 0.32 per cent to 17,005.40 in early trade.

The Indian currency traded between 82.46 and 82.55.

The 30-share BSE Sensex was trading 403.21 points or 0.70 per cent higher at 58,303.40 points while the broader NSE Nifty was up 130.40 points or 0.77 per cent to 17,173.70 points.

The dollar index, which gauges the greenback's strength against a basket of six currencies fell 0.77 per cent to 103.78.

Forex traders said foreign fund inflows also supported the local unit.

At the interbank foreign exchange, the domestic unit opened at 82.78 against the dollar and marginally rose to 82.77, registering a rise of 11 paise over its previous close.

Forex traders said weak crude oil prices also lent some support to the local unit.

Forex traders said upbeat domestic trade deficit data and foreign fund inflows supported investor sentiments.

A muted trend in domestic equities and firm crude oil prices further dented investor sentiments, forex traders said.

Besides, sustained foreign fund outflows and elevated crude oil prices in the international market weighed on the domestic unit, forex traders said.

Sustained foreign fund outflows and firm crude oil prices further dented investor sentiments, forex traders said.

Forex traders said investors preferred to stay on the sidelines as the US Fed policy statement was hawkish.

A fall in crude oil prices and early gains in equity markets also supported the local currency, according to forex dealers.

Forex traders said the rupee opened stronger tracking gains in the non-deliverable forward (NDF) markets.

Forex traders said sustained foreign fund outflows and a weak trend in domestic equities weighed on investor sentiments and restricted the appreciation bias.

Forex traders said sustained foreign fund outflows weighed on investor sentiments and restricted the appreciation bias.