Mumbai, Sep 29 (PTI) Rupee rises 3 paise to 88.69 against the US dollar in early trade on Monday, tracking positive Asian currencies and weakness of the American currency in the overseas market.

Forex traders said the rupee is trading in a tight range as it remains under pressure influenced by continued capital outflows and geo-political developments.

Moreover, the RBI policy meeting outcome on October 1, is expected to influence the rupee and government bond movements.

At the interbank foreign exchange market the rupee opened at 88.69 against the US dollar, registering a gain of 3 paise from its previous close. On Friday, the rupee rebounded from its all-time low to close 4 paise higher at 88.72 against the US dollar.

The rupee fell to a fresh lifetime low of 88.76 against the America

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