US dollar declined against the Asian currencies on Monday, ahead of the US President Donald Trump’s inauguration. The Indian rupee appreciated against the US dollar, tracking the greenback’s broader weakness.

The dollar index, which gauges the greenback’s strength against a basket of six currencies, was trading lower by 0.30% at 109.02. Meanwhile, rupee appreciated 14 paise to 86.46 against the US dollar, following a positive trend in domestic stock market and Asian currencies.

At the interbank foreign exchange, the rupee opened at 86.48 and touched 86.46 against the greenback, registering a gain of 14 paise over its previous close. On Friday, the rupee had settled at 86.60 against the US dollar.

Asian currencies were mostly higher, with the Korean won and Chinese yuan leading gains.