The rupee moved in a range of 70.93 to 70.89 at the interbank foreign exchange market.

Higher opening in domestic equities supported the local unit, traders said.

A weak opening in domestic equities and unabated foreign fund outflows also weighed on the domestic currency.

FIIs remained net buyers in the capital market, putting in Rs 2,684.05 crore on Monday.

Foreign fund inflows and higher opening in domestic equity market supported the domestic currency.

Rupee is trading at 71.07 against US dollar in early trade as gains in domestic equity market enthused investors.

A weak opening in domestic equities and unabated foreign fund outflows also weighed on the domestic currency.

Rupee is trading at 71.43 against dollar as gains in domestic equity market and easing crude prices strengthened investor sentiments.

The dollar index, which gauges the greenback's strength against a basket of six currencies, rose by 0.01 per cent to 98.61.

Weak opening in domestic equities and sustained foreign fund outflows also weighed on the domestic currency.