India, Nov. 13 -- The rupee weakened by 7 paise to 88.69 against the US dollar in early trade on Thursday, trading within a narrow range as a firm US dollar index and subdued domestic equities dampened investor sentiment.
According to forex traders, while optimism around ongoing US-India trade talks provided some support, the strength of the US dollar index continued to weigh on the local currency.
The US dollar index was hovering near 99.50 as markets awaited the conclusion of the US government shutdown saga.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....