| Date: |
26-03-2012 |
| Subject: |
Indian rupee rises early; oil payments eyed |
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(Reuters) - The Indian rupee rose early on Monday on the back of gains in the euro, but traders were wary about higher demand for dollars from oil importers.
At 9:02 a.m. (0332 GMT), the rupee was at 51.09/10 to the dollar, firmer than last week's close of 51.17/18.
The euro held near a three-week high against the greenback, while commodity currencies such as the Australian dollar steadied from a hammering last week, though persistent worries on the global economy were seen keeping a lid on their gains.
Source : in.reuters.com
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