New Delhi, June 13, 2024.
The rupee consolidated in a narrow range and settled for the day lower by 7 paise at 83.55 (provisional) against the US dollar on Thursday even as both the domestic equity benchmark indices touched all-time high levels.
Forex traders said rupee was seen resilient against the dollar, even after volatility witnessed in the dollar index, due to CPI data and US Fed’s policy decision.
At the interbank foreign exchange, the local unit opened at 83.52 and finally settled for the day lower by 7 paise at 83.55 (provisional) against the American currency.