The rupee opened at 74.38 against the US dollar and saw an intra-day high of 74.31 and a low of 74.49.
The rupee on Monday lost three paise to close at 74.48 (provisional) against the US dollar amid a sluggish trend in the domestic equity market.
However, lower crude oil prices in the international market restricted the rupee’s fall, forex dealers said.
In the interbank forex market, the local unit opened higher at 74.38 against the greenback and saw intra-day highs of 74.31 and 74.49 lows.
It eventually ended at 74.48 against the US currency, registering a fall of just 3 paise from its previous close.
On Friday, the rupee had closed at 74.45 against the US currency.
The dollar index, which gauges the greenback’s strength against a basket of six currencies, fell by 0.06 to 95.06.
On the domestic equity market front, the BSE Sensex closed 32.02 points or 0.05% higher at 60,718.71, while the broader NSE Nifty ended 6.70 points or 0.04% higher at 18,109.45.
Global oil benchmark Brent crude futures fell 1.30% to $81.10 a barrel.
Foreign institutional investors were net buyers in the capital market as they bought shares worth ₹511.10 crore on Friday, according to exchange data.
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