"rupee"

Traders said sustained foreign fund inflows into the domestic equity markets also helped the local unit.

The dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.16 per cent to 92.46.

Forex traders said weakness in the US dollar against its key rivals and significant foreign fund inflows boosted investor sentiment

The yellow metal had closed at Rs 50,610 per 10 gram in the previous trade.

The rupee on Tuesday appreciated 16 paise to settle at 74.46 against the US dollar.

The dollar index, which gauges the greenback's strength against a basket of six currencies, dipped 0.15 per cent to 92.50.

The rupee was trading in a narrow range on Friday considering the weak demand for riskier assets on the occasion of Dhanteras.

The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.02 per cent to 93.02.

Surging crude oil prices in the overseas market added pressure to the domestic unit, dealers said.

At the interbank forex market, the domestic currency opened up at 74.04 against the US dollar, then edged slightly lower to 74.05 in early deals, a rise of 10 paise over its last close.