"us-dollar"

Rupee consolidated in a narrow range and settled 6 paise lower at 81.88 (provisional) against the American currency

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.

Forex traders said a positive trend in domestic equities, foreign fund inflows and crude oil prices below USD 80 a barrel also supported the local unit.

At the interbank foreign exchange, the domestic unit opened weak at 82.00 against the dollar, then fell to 82.01, registering a decline of 6 paise over its last close.

At the interbank foreign exchange, the rupee opened at 82.08 against the dollar. It touched an early high of 82.05 in initial deals.

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.

At the interbank foreign exchange, the domestic unit opened at 82.21 against the dollar, then rose to 82.16, registering a rise of 9 paise over its previous close.

Forex traders said foreign fund outflows and strengthening of the American currency in the overseas market dented investor sentiments.

Forex traders said the upward trend in crude prices and outflow of foreign funds from equities market restricted the gain in the local unit.

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.