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Centre's fiscal deficit narrowed to 6.4 per cent of the GDP in 2022-23 from 6.71 per cent in FY22.
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The downward movement in crude price and inflows of foreign funds capped the fall of rupee, as per Forex traders.
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Forex traders said the rupee is trading in a narrow range amid strengthening of the US dollar.
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Forex traders said a positive trend in domestic equities supported the local unit and restricted the depreciating bias.
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At the interbank foreign exchange, the domestic unit opened at 82.29 against the dollar, then fell to 82.35, registering a decline of 10 paise over its last close.
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Rupee consolidated in a narrow range and settled 6 paise lower at 81.88 (provisional) against the American currency
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Forex traders said the rupee is trading in a narrow range as the support from crude oil prices below USD 80 a barrel was negated by muted domestic equities.
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Forex traders said a positive trend in domestic equities, foreign fund inflows and crude oil prices below USD 80 a barrel also supported the local unit.
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At the interbank foreign exchange, the domestic unit opened weak at 82.00 against the dollar, then fell to 82.01, registering a decline of 6 paise over its last close.
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At the interbank foreign exchange, the rupee opened at 82.08 against the dollar. It touched an early high of 82.05 in initial deals.
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At the interbank foreign exchange, the domestic unit opened strong at 82.11 against the dollar and hit the lowest level of 82.17 before trading at 82.16, registering a rise of 1 paisa over its previous close.
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At the interbank foreign exchange, the domestic unit opened at 82.21 against the dollar, then rose to 82.16, registering a rise of 9 paise over its previous close.
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Forex traders said foreign fund outflows and strengthening of the American currency in the overseas market dented investor sentiments.
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Forex traders said the upward trend in crude prices and outflow of foreign funds from equities market restricted the gain in the local unit.
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At the interbank foreign exchange, the domestic unit opened weak at 81.95 against the dollar, registering a decline of 5 paise over its last close. In initial trade, the local unit also saw a high of 81.88 against the greenback.
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At the interbank foreign exchange market, the rupee opened higher at 82.08 against the US dollar and moved in a narrow range of 82.04 to 82.10 later in early deals.
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At the interbank foreign exchange, the domestic unit opened weak at 82.44 against the dollar, then fell to 82.46, registering a decline of 25 paise over its last close.
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The rupee had closed lower by 18 paise at 82.34 to a dollar on Wednesday. The forex market was closed on Thursday for Ram Navami.
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BSE Sensex rose by 123.64 points or 0.21 per cent to 57,737.36 while NSE Nifty gained 53.70 points or 0.32 per cent to 17,005.40 in early trade.
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The Indian currency traded between 82.46 and 82.55.