The rupee appreciated by 6 paise to close at 73.49 against the US dollar on Monday, following a rally in stock markets and weakness in the American currency.The sustained foreign fund inflows also supported the rupee, traders said.
At the interbank forex market, the domestic unit opened at 73.52against the US dollar and witnessed an intra-day high of 73.47 and a low of 73.61.The local unit finally settled at 73.49 against the American currency, registering a rise of 6 paise over its previous close.On Thursday, the rupee had settled at 73.55 against the US dollar.Forex and equity markets were closed on Friday for Christmas.Meanwhile, the dollar index, which gauges the greenback’s strength against a basket of six currencies, slipped 0.25 per cent to 89.99.