Rupee down 6 paise at 53.77 against Dollar
The benchmark six-month forward dollar premium payable in June eased to 161-163 paise from last weekend's close of 163-165 paise.
Far-forward contracts maturing in December also dropped to 316-318 paise from 321-1/2-323-1/2 paise.
The RBI has fixed the reference rate for the US dollar at 53.8735 and for euro at 71.7760.
The rupee remained firm against the pound sterling to end at 85.34 from last Friday's close of 85.63 and also improved further against the euro to 71.51 from 71.75.
It, however, turned negative against the Japanese yen to settle at 60.07 per 100 yen from last close of 59.81.
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