The Indian rupee closed lower on Monday weighed down by dollar demand from local oil companies and a jump in U.S. Treasury yields.
The rupee ended at 83.0550 against the U.S. dollar, lower by 0.17% compared to its close of 82.9175 in the previous session.
The dollar index rose to 104.26 in Asia hours, its highest level in almost two months. Asian currencies fell as well, with the Thai baht, Korean won and Malaysian ringgit all down 0.7%.
