Indian rupee stays flat against UAE dirham in early trade

The Indian rupee opened on a flat note and appreciated 1 paisa to 83.14 against the US dollar (23.09 against UAE dirham) in the morning session on Wednesday, amid a muted trend in domestic equities.

Forex traders said the rupee is trading with a slight negative bias amid selling pressure from foreign investors.

At the interbank foreign exchange, the rupee opened at 83.15 against the dollar, then rose to 83.14, registering a rise of 1 paisa over its previous close.

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• Indian rupee falls against UAE dirham in early trade amid heavy selling of equities