The Indian rupee appreciated by 4 paise to 94.39 against the US dollar in early trade on Monday, supported by strong FCNR-related dollar inflows. Elevated crude oil prices and renewed US-Iran tensions, however, limited further gains. Rupee Gains as FCNR Dollar Inflows Improve Liquidity The rupee opened at 94.40 against the US dollar at the interbank foreign exchange market before strengthening to 94.39. This represented a gain of 4 paise from the 94.43 clo