The rupee appreciated by 5 paise to 95.77 against the US dollar in early trade on Wednesday, July 29, staying firm for the fourth consecutive day amid a weak American currency and lower crude oil prices. The Indian rupee has gained for the 4th consecutive day amid a weak US dollar and falling oil prices. The Indian currency settled 17 paise higher at 95.82 against the US dollar on Tuesday, after gaining 74 paise in the previous two back-to-back sessions. Brent crude futures, the global oil benchmark, were trading 4.27 per cent higher but remained lower at USD 87.68 per barrel. Foreign Institutional Investors purchased equities worth INR 755.33 crore on a net basis on Tuesday, according to exchange data.