Rupee falls 6 paise to 81.88 against US dollar

The rupee consolidated in a narrow range and settled 6 paise lower at 81.88 (provisional) against the American currency on Tuesday as investors preferred to stay on the sidelines ahead of the US Fed meeting outcome. At the interbank foreign exchange, the local unit opened on a positive note at 81.75 but pared early gains to settle 6 paise lower at 81.88 against the US dollar despite a firm trend in domestic equities.

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