Rupee fell 4 paise to 83.36 against US dollar in early trade

Updated: Dec 7 2023 10:04AM

Mumbai, Dec 7 (PTI) The rupee depreciated 4 paise to 83.36 against the US dollar in the morning session on Thursday, tracking the strength of the American currency in the overseas market and muted trend in domestic equities.

Forex traders said rupee is trading in a narrow range as the support from easing crude oil prices was negated by strong dollar demand from importers.

At the interbank foreign exchange, the rupee opened at 83.36 against the dollar, registering a fall of 4 paise over its previous close.