Rupee Rises 1 Paisa to 83.28 Against USD

Mumbai: The rupee appreciated by 1 paisa to 83.28 against the US dollar in early trade on Friday amid a weak American currency and softening crude oil prices.

Forex traders said negative equity market sentiment and selling pressure from foreign investors kept the Indian currency range-bound.

At the interbank foreign exchange, the rupee opened at 83.28, higher by 1 paisa from its previous close.