Rupee rises after 3-day weekend, Greece deal

The rupee rose early on Tuesday in anticipation of bunched dollar inflows as trading resumed after a three-day weekend.

Investor appetite for risky assets are expected to get a boost after the euro zone reached a deal to rescue debt-laden Greece, traders said.

At 9:01 a.m., the rupee was at 49.09/10 to the dollar, stronger than Friday's close of 49.27/28. The market was closed on Monday for a local holiday.