The rupee on Friday (12th July 2024) witnessed a range bound trade against the US dollar and settled little higher. At the interbank foreign exchange market, the rupee closed at 83 rupees and 54 paise against the dollar, improving marginally from its previous session close of 83 rupees and 56 pasie.

The dollar index, which indicates US dollar’s strength against a basket of six other leading currencies, was down marginally to trade at 104.31 in intra-day trade, when reports last came in.