<p>he rupee appreciated 9 paise to 79.81 against the US dollar in early trade on Monday, supported by the fall in crude oil prices.</p>.<p>At the interbank foreign exchange, the rupee opened at 79.86 against the American dollar. In initial trade, the local currency witnessed a high of 79.81 and a low of 79.87 against the US dollar.</p>.<p>In the previous session, the rupee had closed at 79.90 against the American currency.</p>.<p>Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.10 per cent to 106.62.</p>.<p>Global oil benchmark Brent crude futures fell 0.54 per cent to $102.62 per barrel.</p>.<p>According to Anil Kumar Bhansali, Head of Treasury, Finrex Treasury Advisors, the rupee opened higher as oil moved down along with a lower dollar index.</p>.<p>The euro has not been able to go up much as the market awaits cues from the Federal Open Market Committee (FOMC) meeting on July 27.</p>.<p>Meanwhile, since not much data is available, the rupee should see a range-bound movement between 79.60 to 79.90 for the day, Bhansali said.</p>.<p>On the domestic equity front, the 30-share Sensex was trading 95.33 points or 0.17 per cent lower at 55,976.90, while the broader NSE Nifty declined 31.80 points or 0.19 per cent to 16,687.65.</p>.<p>Foreign institutional investors (FIIs) were net sellers in the capital market on Friday as they sold shares worth Rs 675.45 crore, as per exchange data.</p>
<p>he rupee appreciated 9 paise to 79.81 against the US dollar in early trade on Monday, supported by the fall in crude oil prices.</p>.<p>At the interbank foreign exchange, the rupee opened at 79.86 against the American dollar. In initial trade, the local currency witnessed a high of 79.81 and a low of 79.87 against the US dollar.</p>.<p>In the previous session, the rupee had closed at 79.90 against the American currency.</p>.<p>Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.10 per cent to 106.62.</p>.<p>Global oil benchmark Brent crude futures fell 0.54 per cent to $102.62 per barrel.</p>.<p>According to Anil Kumar Bhansali, Head of Treasury, Finrex Treasury Advisors, the rupee opened higher as oil moved down along with a lower dollar index.</p>.<p>The euro has not been able to go up much as the market awaits cues from the Federal Open Market Committee (FOMC) meeting on July 27.</p>.<p>Meanwhile, since not much data is available, the rupee should see a range-bound movement between 79.60 to 79.90 for the day, Bhansali said.</p>.<p>On the domestic equity front, the 30-share Sensex was trading 95.33 points or 0.17 per cent lower at 55,976.90, while the broader NSE Nifty declined 31.80 points or 0.19 per cent to 16,687.65.</p>.<p>Foreign institutional investors (FIIs) were net sellers in the capital market on Friday as they sold shares worth Rs 675.45 crore, as per exchange data.</p>