The rupee inched up by 8 paise to 82.77 against the US dollar due to the inflow of foreign funds. Forex traders await cues from the US Fed’s May meeting minutes scheduled for later in the day. Strong greenback limits the currency’s appreciation despite trading in a narrow range. The dollar index fell by 0.03% to 103.46 while Chinese Yuan slid. Brent crude futures rose 0.90% to $77.53/barrel. The BSE Sensex declined by 52.11 points or 0.08% to 61,929.68 due to the negative sentiment regarding a US default as debt-ceiling dragged on.
