MUMBAI, Oct 27 Reuters The Indian rupee was little changed on Friday, bucking the strength among most Asian peers, as persistent U.S. dollar demand from importers and equitylinked outflows kept up the pressure on the local unit.

The rupee was at 83.2425 as of 1030 a.m. IST, compared with its close of 83.23 in the previous session. It drifted in a narrow range between 83.22 and 83.2475 in early trade during the spot session.

At this point, you simply can39;t pinpoint a trigger that will move it the rupee out of this untradable range, a foreign exchange salesperson at a bank said.

The U.S. Federal Reserve39;s upcoming policy decision is also unlikely to budge the rupee out of its current range, the trader added.

The Fed is widely expected to keep rates unchanged at its upcoming meeting .

Asian currencies were mostly higher, aided by an improvement in risk appetite as U.S. treasury yields retreated despite robust U.S. GDP data. The Korean won led gains among the rupee39;s Asian peers, up by nearly 0.7.

The dollar index was steady at 106.5 and Brent crude oil futures rose in Asia but continued to hold below 90 per barrel.

Broadly, we expect the pair USDINR to spend more days within a band of 83.00 to 83.30, said Amit Pabari, managing director at FX advisory firm CR Forex. The Reserve Bank of India RBI has made the rupee the most stable currency in the EM space, he said.

The RBI has intervened routinely to cap losses for the rupee as the unit continues to hover…