{"id":13900,"date":"2025-07-08T09:29:49","date_gmt":"2025-07-08T09:29:49","guid":{"rendered":"https:\/\/uaenewsroom.com\/uae-indian-rupee-trades-in-narrow-range-against-dirham\/"},"modified":"2025-07-08T09:29:49","modified_gmt":"2025-07-08T09:29:49","slug":"uae-indian-rupee-trades-in-narrow-range-against-dirham","status":"publish","type":"post","link":"https:\/\/uaenewsroom.com\/en\/uae-indian-rupee-trades-in-narrow-range-against-dirham\/","title":{"rendered":"UAE: Indian rupee trades in narrow range against dirham"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<div class=\"inner innermixmatch\">\n<div class=\"img-wrap\"><img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/imgengine.khaleejtimes.com\/khaleejtimes\/import\/images\/o_Q6-xfFFEUppp_Oc2MRWx19qag.jpg?width=1200&amp;format=auto\" alt=\"\" height=\"2406\" width=\"3500\" fetchpriority=\"high\"\/><\/div>\n<p>The Indian rupee was trading in a narrow range against the UAE dirham in early trade on Wednesday, amid a muted trend in domestic equities.<\/p>\n<p>Forex traders said the rupee was trading in a narrow range as sustained foreign fund outflows weighed on investor sentiments.<\/p>\n<p>At the interbank foreign exchange, the domestic unit opened at 83.31(Dh22.7) against the dollar and then touched a high of 83.30, and a low of 83.32 against the greenback.<\/p>\n<p>Asian stocks backed away from 2-1\/2-month high on Wednesday and the dollar found support as investors&#8217; tempered some of their earlier enthusiasm about the prospect of an end to U.S. rate hikes.<\/p>\n<p>MSCI&#8217;s broadest index of Asia-Pacific shares outside Japan has gained more than 3% since a week ago and hit its highest since September on Tuesday. But it fell 0.2% in early trade on Wednesday. Japan&#8217;s Nikkei rose 0.5%.<\/p>\n<p>Overnight the S&amp;P 500 snapped a five-session winning streak and fell 0.2%. Chipmaker Nvidia reported revenue well above Wall St expectations after&#8230;<\/p>\n<\/div>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.khaleejtimes.com\/business\/markets\/uae-indian-rupee-trades-in-narrow-range-against-dirham\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Indian rupee was trading in a narrow range against the UAE dirham in early trade on Wednesday, amid a muted trend in domestic equities. Forex traders said the rupee was trading in a narrow range as sustained foreign fund outflows weighed on investor sentiments. At the interbank foreign exchange, the domestic unit opened at [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[126,2],"tags":[],"class_list":{"0":"post-13900","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-business","7":"category-business-ar"},"_links":{"self":[{"href":"https:\/\/uaenewsroom.com\/en\/wp-json\/wp\/v2\/posts\/13900","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/uaenewsroom.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uaenewsroom.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uaenewsroom.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/uaenewsroom.com\/en\/wp-json\/wp\/v2\/comments?post=13900"}],"version-history":[{"count":0,"href":"https:\/\/uaenewsroom.com\/en\/wp-json\/wp\/v2\/posts\/13900\/revisions"}],"wp:attachment":[{"href":"https:\/\/uaenewsroom.com\/en\/wp-json\/wp\/v2\/media?parent=13900"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uaenewsroom.com\/en\/wp-json\/wp\/v2\/categories?post=13900"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uaenewsroom.com\/en\/wp-json\/wp\/v2\/tags?post=13900"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}