The Indian rupee ended Monday on a largely flat note, appreciating by just 1 paisa to settle at 84.07 against the US dollar, aided by positive domestic market performance and a notable drop in global crude oil prices, according to PTI.

Forex traders reported that while the rupee traded within a narrow band throughout the day, the combination of a strong US dollar and upbeat local equities created a balance. Declining oil prices and suspected Reserve Bank of India (RBI) interventions further lent support to the currency, helping it hold steady at lower levels.