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The rupee settled 5 paise lower at 83.37 against the dollar on Thursday.
Forex traders said rupee is trading in a narrow range as sustained foreign fund outflows weighed on investor sentiments.
Massive selling of equities by foreign investors and an upward trend in crude oil prices, however, capped the rise of domestic currency, forex dealers...
On Monday, the rupee declined by 19 paise to close at 83.13 against the dollar.
Brent crude futures, the global oil benchmark, advanced 0.40 per cent to USD 94.31 per barrel.
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, fell marginally by 0.06 per cent to 104.17
Later, the rupee was trading at 82.61 against the dollar, registering a gain of 9 paise from its previous close
On Tuesday, the rupee had settled at 82.22 against the dollar.