On Monday, the Indian rupee became slightly stronger against the US dollar. This happened because the American dollar became weaker and Indian stock markets performed well.

Another reason was India's economic growth. The economy grew by 6.2% in the October-December period, which is better than the 5.6% growth in the previous quarter. This good news helped the rupee.

However, the rupee's rise was limited because foreign investors continued to sell Indian stocks. There was also uncertainty about new trade tariffs from the United States and rising crude oil prices, which added pressure on the currency. Data showed that Foreign Institutional Investors (FIIs) sold Indian stocks worth Rs 11,639.02 crore on Friday.

On the bright side, India's foreign exchange (forex) reserves increased. The Reserve Bank of India (RBI) reported that forex reserves grew by $4.758 billion, reaching $640.479 billion by February 21. A higher forex reserve helps a country manage its currency and trade better.

The rupee was trading at 87.32 per US dollar, which is 5 paise stronger than its previous close of 87.37 on Friday. During the day, it reached a high of 87.36 and a low of 87.2550. While global events still affect the rupee, India's strong economic growth and rising forex reserves provided some support to the currency.