The Indian rupee is expected to open in the 92.80-92.90 range against the U.S. dollar on Monday, supported by spillover effects of the Reserve Bank of India's recent actions. However, persistent oil-related demand and foreign equity selling could dampen sentiment. The rupee jumped 1.8% last week after the bank imposed position limits on banks and corporates, reducing the onshore-NDF arbitrage activity. However traders warn that the overall outlook for the rupee remains weak amid rising oil prices and ongoing foreign outflows.