Rupee climbs 5 paise to 73.58 per US dollar

Mumbai:  The rupee appreciated 5 paise to close at 73.58 against the US dollar on Wednesday, propped up by sustained foreign fund inflows and a weak greenback overseas.
Strong domestic equities also strengthened investor sentiment, traders said.
At the interbank forex market, the rupee opened at 73.49 against the US dollar and witnessed an intra-day high of 73.48 and a low of 73.60.
The local unit finally closed at 73.58 against the American currency, registering a gain of 5 paise over its previous close.
On Tuesday, the rupee had depreciated by 8 paise to end at 73.63.
The dollar index, which gauges the greenback’s strength against a basket of six currencies, slipped 0.35 per cent to 90.15.