October 9, 2023 12:06 PM

Rupee witnesses range-bound trading against U.S. dollar in early trade

Rupee witnessed range-bound trading against the U.S. dollar in early trade today. This was influenced by a negative trend in domestic equities and the strength of the American currency in the overseas market. Forex traders said the safe-haven dollar gained ground amidst escalating tensions in the Middle East. In the domestic equity market, the 30-share BSE Sensex plunged 407.19 points or 0.62 percent in early trade. The Nifty declined 142.70 points or 0.72 percent. Meanwhile, India’s fo...