MUMBAI: The rupee started the New Year on a flat note on the first trading session on Monday as rising crude oil prices and sustained foreign fund outflows weighed on investor sentiments. Forex traders said the domestic unit is trading in a narrow range as the support from firm domestic equities and weak American currency is negated by the gains in crude oil prices and sustained foreign fund outflows.
At the interbank foreign exchange, the rupee opened weak at 82.66, registering a decline of 5 paise from the last close.
The local unit also touched an early high of 82.57 against the greenback in initial deals.
