The Rupee closed flat on Thursday with intervention by the Reserve Bank of India helping to stabilize the currency despite a broader decline among most Asian peers. The rupee traded within a narrow range of less than 2 paisa throughout the day, as dollar outflows and a dip in peer currencies applied pressure. This was offset by dollar sales from state-run banks, likely acting on behalf of the RBI. The dollar index was flat at 101.7 while US bond yields rose after consumer inflation data released on Wednesday dampened hopes of a 50-basis point rate cut by the Federal Reserve next week. India's consumer inflation data is due later on Thursday as well and is expected to show that CPI held below the RBI's 4.0% medium-term target for a second month in August. The euro rose against the dollar on Thursday after European Central Bank President Christine Lagarde dampened expectations for an interest rate cut next month and said the bank will let economic data dictate the next policy move. The euro was last up 0.3% at $1.1039 , but down 0.5% so far this week. The euro rose 0.4% to 157.38 yen . In the United States, the dollar index fell 0.2 to 101.58 , driven by gains in the euro, the largest component of the index. Against the yen, the dollar was last flat on the day at 142.41 , after gaining 0.2% so far this week. Oil prices rose more than 1% on Thursday, extending a rebound spurred by concern over Hurricane Francine's impact on U.S. output, though a gloomy demand outlook capped gains. Brent crude futures for November were up 95 cents, or 1.4%, to $71.56 a barrel by 1322 GMT. U.S. crude futures for October rose $1.02, or 1.5%, at $68.33. Gold prices rose more than 1% to hit a record high on Thursday, helped by expectations of an interest rate cut by the Federal Reserve next week after U.S. data signalled a slowing of the economy. Spot gold was up 1.6% at $2,552.63 per ounce, as of 11:40 a.m. ET (1540 GMT). U.S. gold futures were up 1.5% at $2,581.40.......