The rupee appreciated by 3 paise to close at 83.60 against the US dollar, supported by positive domestic equities and a weaker dollar. However, net foreign fund outflows limited gains, while the Sensex reached a record high of 85,

Forex traders said the rupee continues to hold steady within a well-defined range on active intervention by the Reserve Bank of India (RBI).

The Indian rupee appreciated 10 paise to 83.53 against the US dollar in early trade on Wednesday, driven by overall dollar weakness in the overseas market. The US consumer confidence dropped by the most in three years,

The Indian rupee opened higher on Tuesday as domestic equities touched fresh record highs. However, the rupee lost early gains and closed in the red and domestic equity markets also followed suit and closed in the negative territory.

The rupee appreciated by 10 paise to 83.53 against the US dollar in early trade on Wednesday due to overall dollar weakness. The US consumer confidence dropped significantly, affecting the dollar. The Reserve Bank of India's active intervention keeps the rupee steady.

The rupee appreciated 10 paise to 83.53 against the US dollar in early trade on Wednesday, on the overall dollar weakness in the overseas market.

Forex traders noted that the US dollar weakened against major currencies following a sharp drop in consumer confidence, which fell to 98.7 from 105.6 in August, the largest decline in three years. At the interbank foreign exchange market,