The rupee recovered by 9 paise to close at 74.38 against the US currency on Wednesday, snapping its two-day losing run ahead of theUS Fed policy decision.Forex traders said the rupee is trading in a narrow range this week ahead of the monthly expiry and the US Fed’s policy decision. At the interbank foreign exchange market, the local unit opened at 74.44 against the dollar and witnessed an intra-day high of 74.31 and a low of 74.49 during the session. PTI