Indian rupee trades in narrow range against UAE dirham

Forex traders say sustained foreign fund outflows and rising crude oil prices weighed on investor sentiments

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By PTI

Published: Mon 20 Nov 2023, 9:20 AM

The rupee was trading in a narrow range against the US dollar in early trade on Monday, amid a negative trend in domestic equities.

Forex traders said the rupee is trading in a narrow range as sustained foreign fund outflows and rising crude oil prices weighed on investor sentiments.

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At the interbank foreign exchange, the domestic unit opened at 83.25 against the dollar (23.12 against UAE dirham) and then touched a high of 83.23, and a low of 83.27 against the greenback.

[For real-time forex rates, click the widget below or visit KT's dedicated Trading News page here.]

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PTI

Published: Mon 20 Nov 2023, 9:20 AM

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