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Rupee rises after 3-day weekend, Greece deal

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Reuters Mumbai

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.

 

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First Published: Feb 21 2012 | 12:00 AM IST

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