The rupee fell three feet to a level of 74.48 (temporary) against the US dollar on Monday amid volatility in the real estate market.

However, the low prices in the global market reduced the fall of the rupee, forex traders said.

In the interbank forex market, the local unit opened at 74.38 against the greenback and saw an increase of 74.31 days and a decrease of 74.49.

That ended at 74.48 against the US dollar, registering just 3 pse fall in its first closing.

By Friday, the rupee had finished at 74.45 against the American currency.

The dollar index, which measures the greenback strength against a six-dollar basket, fell 0.06 to 95.06.

In the domestic market, BSE Sensex finished 32.02 points or 0.05% above 60,718.71, while the broad NSE Nifty scored 6.70 points or 0.04% above 18,109.45.

The future of Brent crude, a global oil brand, has dropped 1.30% to $ 81.10 per barrel.

Foreign exchange traders were buyers in the main market, having bought ₹ 511.10 crore shares on Friday, according to data exchange.