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Indian rupee trades flat against US dollar amid gains in equities
Gains from firm domestic stocks were offset by rise in crude oil prices, the US dollar index remaining above the 106-mark against the leading currencies
Photo: AFP
The rupee edged up 1 paisa to 83.21 against the US dollar (22.67 against the UAE dirham) in a restricted trade on Thursday amid gains in domestic equities.
The Indian currency was almost trading flat in the early session as gains from firm domestic stocks were offset by a rise in crude oil prices and the US dollar index remaining above the 106-mark against the leading currencies, forex dealers said.
The rupee opened flat at 83.22 against the US dollar and later moved in a range of 83.25 to 83.20 in morning deals. It was trading at 83.21 to US dollar at 9.35 am, up by 1 paisa over the previous close.
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