Rising for the fifth straight session, the rupee appreciated 3 paise to close at 73.88 against the US dollar on Thursday, tracking heavy buying in domestic equities and sustained foreign fund inflows.
At the interbank forex market, the domestic unit traded in a narrow range as rising COVID-19 cases offset positive sentiments surrounding the progress on the vaccine front.
The domestic unit opened at 73.85 against the greenback and witnessed an intra-day high of 73.75 and a low of 73.89.