The rupee opened stronger on Monday after surprisingly robust US jobs data bolstered investor risk appetite across world markets.
At 9 a.m. , the rupee was at 48.60 to the dollar, its highest since September 21. It ended at 48.6850/6950 on Friday, posting its fifth straight weekly rise.
The United States created jobs at the fastest pace in nine months in January and the unemployment rate unexpectedly dropped to a near three-year low, giving a boost to President Barack Obama.
