Dollar vs rupee: The rupee closed at 87.66 (temporary) on Monday at 87.66 (temporary) due to the continuation of the dollar demand for importers and the rise in crude oil prices. The rupee lost the lead during trading. Forex traders said that the rupee lost an early lead due to the rise in crude oil prices, dollar demand of importers and selling of foreign investors.The rupee opened at 87.56 in the Interbank Forex Exchange Market and it remained within the range of 87.48 to 87.66 during trading. At the end of the trading, the rupee closed at 87.66 (temporary) against the US dollar, which is a decline of eight paise in the previous closed price. The rupee closed at 87.58 against the US dollar on Friday.Rupee opened with an edge for businessMirae Asset Sharekhan’s commodity research analyst Anuj Chaudhary said that the rupee opened with a rise in the US dollar index and positive domestic markets. However, due to the rise in crude oil prices and the selling of FII, the rupee lost an early lead. He further said that amid uncertainty on the business fee issues between India and the US, we estimate that the rupee will trade with a negative attitude.Domestic currency pressure due to FII withdrawalAnuj Chaudhary also stated that the frequent withdrawal of FII can also put pressure on the domestic currency. However, the weak US dollar can support the rupee at the lower levels. Investors may be cautious before US inflation data this week. The exchanges rate of dollar-rupa is estimated to be between 87.35 and 88 in the spot market.Also read: Greenery returned to the stock market after a long time, Sensex jumped 746 points; Learn the condition of Nifty Dollar index increased by 0.10 percentMeanwhile, Brent crude prices rose 0.03 percent to $ 66.61 per barrel in futures trading. Compared to six major currencies US dollar The dollar index showing the status of the position rose 0.10 percent to $ 98.28. According to stock market data Foreign institutional investors (FII) on Friday bought shares worth Rs 1,932.81 crore.