The rupee on Monday declined 26 paise to 54.18 against the dollar on buying for defence related purchases by importers. The Indian unit had closed at 53.92 per dollar on Friday.
The domestic unit opened stronger at 53.79 at the Interbank Foreign Exchange market today on fresh selling of the US currency by exporters amid sustained foreign capital inflows.
However, strengthening of the euro against the dollar overseas and positive domestic equity market supported the rupee.
The BSE-benchmark index Sensex ended higher by nearly 100 points (0.50 per cent) at 19,674.
Call rates and G-Secs
The interbank call money rates ended higher at 7.40 per cent from Friday’s close of 7.15 per cent. Intra-day, the call money market was trading in the range of 7.10 to 7.40 per cent.
The 8.15 per cent government security, which matures in 2022, ended lower at Rs 102.57 from its previous close of Rs 102.66. Yields remained unchanged at 7.74 per cent.