The rupee ended its six-day gaining streak, closing 2 paise lower at 83.54 against the US dollar on Monday, influenced by a stronger dollar in international markets and higher crude oil prices. A drop in India's Services PMI and gains in domestic equity markets also impacted investor sentiment.

A decline in India's Services PMI also affected the investor sentiment while gains in domestic equity markets capped losses in the local unit, forex traders said.

The Indian rupee ended lower against the US dollar on Monday, snapping a six-day winning streak due to a strengthening dollar and rising crude oil prices. The rupee opened higher but gave up gains to close at 83.

On Monday, the Pakistani rupee depreciated by 3 paisa against the US dollar in interbank trading, closing at Rs 277.86, as reported by the State Bank of Pakistan

The dollar index, which gauges the greenback's strength against a basket of six currencies, was up 0.34 per cent at 101.06.

The rupee continued its rally for the third week, appreciating 6 paise to 83.46 against the US dollar, supported by positive domestic equity markets and foreign fund inflows. However, rising crude oil prices and a stronger dollar limited further gains.