<p>Snapping its two-day losing streak, the rupee rebounded by 5 paise and settled at 73.55 (provisional) against the US dollar on Wednesday, even as the domestic equity market was trading with significant losses.</p>.<p>At the interbank forex market, the domestic unit opened at 73.67 against the US dollar, and finally ended the day at 73.55, registering a rise of 5 paise over its last close.</p>.<p>During the trading session, the local unit witnessed high volatility and touched an intra-day high of 73.47 and a low of 73.73 against the greenback.</p>.<p>On Tuesday, rupee had depreciated by 25 paise to settle at more than one-week low of 73.60 against the US dollar on Tuesday.</p>.<p>Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.10 per cent higher at 93.54.</p>.<p>On the domestic equity market front, the 30-share BSE benchmark Sensex was trading 301.21 points lower at 38,064.14 and broader NSE Nifty fell 82.05 points to 11,235.30.</p>.<p>Foreign institutional investors were net sellers in the capital market as they offloaded shares worth Rs 1,056.52 crore on a net basis on Tuesday, according to provisional exchange data.</p>.<p>Brent crude futures, the global oil benchmark, rose 1.28 per cent to USD 40.29 per barrel. </p>
<p>Snapping its two-day losing streak, the rupee rebounded by 5 paise and settled at 73.55 (provisional) against the US dollar on Wednesday, even as the domestic equity market was trading with significant losses.</p>.<p>At the interbank forex market, the domestic unit opened at 73.67 against the US dollar, and finally ended the day at 73.55, registering a rise of 5 paise over its last close.</p>.<p>During the trading session, the local unit witnessed high volatility and touched an intra-day high of 73.47 and a low of 73.73 against the greenback.</p>.<p>On Tuesday, rupee had depreciated by 25 paise to settle at more than one-week low of 73.60 against the US dollar on Tuesday.</p>.<p>Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.10 per cent higher at 93.54.</p>.<p>On the domestic equity market front, the 30-share BSE benchmark Sensex was trading 301.21 points lower at 38,064.14 and broader NSE Nifty fell 82.05 points to 11,235.30.</p>.<p>Foreign institutional investors were net sellers in the capital market as they offloaded shares worth Rs 1,056.52 crore on a net basis on Tuesday, according to provisional exchange data.</p>.<p>Brent crude futures, the global oil benchmark, rose 1.28 per cent to USD 40.29 per barrel. </p>