Mumbai, Dec. 3 -- The rupee opened on a flat note and was trading in a narrow range against the US dollar in opening session on Thursday.

At the interbank forex market, the domestic unit opened at 73.81 against the US dollar, then gained ground and touched 73.77 against the American currency. In volatile trade, the local unit also touched 73.89 against the American currency.

On Wednesday, the rupee settled 13 paise lower at 73.81 against the US dollar.

Analysts said investor focus will be on Reserve Bank of India's Monetary Policy Committee's three-day interest rate-setting meeting that started Wednesday, with the decision due on Friday.

Traders further said that the domestic unit is trading in a narrow range as positive sentiments su...