Rupee remains flat at 83.94 against US dollar in early trade today

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Rupee remains flat at 83.94 against US dollar in early trade today - Business Standard

Quick Summary:

The Indian rupee turned flat at 83.94 against the US dollar in early trade on Friday amid concerns over elevated crude oil prices and the outflow of foreign capital from domestic equity markets.

However, a positive sentiment in the domestic as well as global equity markets and a weak American currency supported the rupee, forex traders said.

At the interbank foreign exchange, the rupee opened at 83.93 and slipped further to trade at its previous session's closing level of 83.94 against the greenback.