Rupee Trades in Narrow Range Against USD

Mumbai: The rupee witnessed range-bound trading against the US dollar in early trade on Monday as crude oil prices hovering above USD 80 per barrel and a negative trend in domestic equities weighed on investor sentiments.

Forex traders said investors are watching on the sidelines and awaiting cues from ensuing FOMC meeting and US FED decision this week.

At the interbank foreign exchange, the rupee opened at 82.00 against the dollar, and touched 82.01, registering a fall of 3 paise over its previous close.