Forex traders said domestic retail inflation data and industrial production figures were better than market expectations and supported investors' sentiments. At the interbank foreign exchange, the Rupee was trading in a narrow range. On Tuesday, the Rupee closed at 82.95 against the U.S. currency. "With a strong pipeline of inflows and active RBI, the Rupee is likely to move towards 82.50 once the 82.80 mark is taken out. On the upside, 83.25 shall remain a strong resistance bar to breach," CR Forex Advisors MD Amit Pabari said.

Source: The Hindu September 13, 2023 06:34 UTC