Indian Rupee Strengthens Against U.S. Dollar

The Indian rupee strengthened against the U.S dollar on Monday.

The local currency strengthened three paise to close at Rs 82.63. It opened at Rs 82.57 against the dollar on Monday.

The rupee closed at Rs 82.66 on Friday, according to Bloomberg data.

Reliance Securities predicted the rupee could open in the range of 82.58 to 82.61 against the dollar as compared with 82.6475 in the previous session. The range for the session was 82.4500 to 82.8500, according to the brokerage.