The Indian rupee experienced a narrow range of fluctuation before marginally rising by 1 paisa against the US dollar on April 24th, settling at 83.30. The strengthening support from positive domestic equities was offset by the rising value of the American currency. Forex traders attributed this movement to elevated crude oil prices and substantial foreign fund outflows in the global market, which dampened investor sentiment. Additionally, geopolitical tensions in the Middle East added uncertainty to the market outlook.