During early Monday trading, the RBI's intervention and a declining dollar index helped the rupee gain 5 paise to 83.65 per US dollar.

At the interbank foreign exchange market, the domestic currency traded in a limited range. The local unit opened at 83.66 and attained an early high of 83.65 throughout the first trading session, representing a 5-paise gain from its previous closing value.

According to forex traders, the USD/INR pair is expected to remain range-bound in the near term due to ongoing support from foreign fund inflows and RBI intervention.

Check the latest currency exchange rates here:

US Dollar - 83.662954

Euro - 91.076918

British Pound - 108.079005

Australian Dollar - 55.762662

Canadian Dollar - 60.900458

Singapore Dollar - 62.231605

Swiss Franc - 94.271244

Malaysian Ringgit - 17.860568

Japanese Yen - 0.534854

Chinese Yuan Renminbi - 11.503298