The rupee declined by 30 paise – or 0.41 per cent – to 73.33 against the US dollar on Thursday, tracking weakness across most Asian currencies. It moved within a narrow range, between 73.21 and 73.39 in the first half of the four-hour session, having started the day lower at 73.21 compared to its previous close of 73.03.
At Wednesday’s closing level, the rupee has recovered 5.04 per cent from its all-time low of 76.91, registered in April this year, but is still down 2.32 per cent so far this year.