Concerns over global economic growth weighed on investor sentiments, forex traders said, adding that investors remained cautious ahead of US CPI and European Central Bank (ECB) monetary policy this week.At the interbank foreign exchange market, the local unit opened at 83.96 against the American currency. It rose to the intra-day high of 83.86 but pared gains to finally settle at 83.95 against the US dollar, unchanged from its previous close.On Friday, the rupee gained 2 paise to close at 83.95 against the US dollar.The dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.37 per cent to 101.54.Meanwhile, India's forex reserves jumped by USD 2.299 billion to a new high of USD 683.987 billion for the week ended on August 30, according to the RBI data release on Friday.

Rupee closes flat against US dollar

1763.16,1372.01,208.38,134.88,2038.00,3219.00

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{{magzter}} is the World's largest and fastest growing self-service, cross-platform digital newsstand with over 87 million users since its inception in 2011 and thousands of magazines and newspapers across 40+ categories and 60+ languages. Headquartered in New York, Magzter has its local presence in Amsterdam, London, Mexico City, Chennai, Mumbai, New Delhi, Bengaluru, Singapore, and will soon be expanding to other countries. Founded by global entrepreneurs, Girish Ramdas and Vijay Radhakrishnan in June 2011, Magzter enables magazine and newspaper publishers around the world to create and deliver digital editions of their titles to global consumers.