Falling gobal crude oil prices and weaker US dollar lifted rupee higher in early trade on Monday. The currency traded at a gain of 31 paise against US dollar, while drawing support from foreign fund inflows, higher forex reserves and continued intervention by the Reserve Bank of India (RBI), according to forex traders.

The rupee rises 20 paise to 95.30 against the U.S. dollar, influenced by foreign inflows and lower crude prices.

Rupee gains 15 paise to 95.35 against the dollar amid global oil prices and geopolitical tensions, forex traders report.

The Indian rupee closed at 95.38 on Friday, strengthening significantly. Persistent Reserve Bank of India interventions and lower oil prices aided this currency gain. The local…