MUMBAI: Rupee rose 4 paise to close at 85.62 (provisional) against the US dollar on the back of strong foreign capital inflows.
However, a mixed sentiment in the domestic equity markets, a rise in global crude oil prices, and a stronger US dollar against major currencies capped further gains in the local unit, according to forex traders.
Foreign institutional investors (FIIs) had purchased equities worth Rs 1,992.87 crore on a net basis on Monday, according to exchange data.
