The rupee appreciated 5 paise to 83.44 against the US dollar in early trade on Monday, as the American currency and crude oil prices retreated from their elevated levels.
Forex traders said foreign fund inflows also aided investors' sentiments and supported the rupee.
At the interbank foreign exchange market, the local unit opened at 83.45 and gained further to 83.44 against the greenback, registering a rise of 5 paise from its previous close.
On Friday, the rupee settled at 83.49 against the US dollar. Читать дальше...