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Ending its three-day losing run, the rupee on Tuesday spurted by 32 paise to close at 72.93 against the US dollar on the back of a rally in domestic stocks and the greenback retreating from three-month highs in global markets. Expectations of a swift economic rebound, a fall in US bond yields, and global fiscal policies improved the risk appetite and supported the local unit, analysts said. At the interbank forex market, the local unit opened at 73.16 against the greenback and witnessed an intra-day high of 72.91 and a low of 73.25. It finally ended at 72.93 against the American currency, registering a rise of 32 paise over its previous closing.