<h1>Indian rupee drops 20 paise to 86.36 against dollar amid strengthening greenback and equity decline</h1> The Indian rupee depreciated 20 paise to 86.36 against the US dollar in early Monday trading, continuing its decline after breaching the key 86.00 level. The currency weakness was attributed to the strengthening American dollar in overseas markets and negative domestic equity trends. On Friday, the rupee had closed 4 paise lower at 86.16. The dollar index fell marginally to 98.46, while Brent crude rose 0.12 percent to $69.36 per barrel. Market analysts expect the rupee to trade between 85.90-86.40 with downward bias, citing potential support around 85.70-85.80 but warning of possible movement toward 86.50-86.80. Uncertainty surrounding India-US trade talks and the August 1 deadline for potential tariffs on exports is keeping market participants cautious. Domestic equities also declined, with major indices falling approximately 0.19-0.25 percent.