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Rupee opens stronger at 55.57 to US dollar

IMF managing director Christine Lagarde gives a speech at a special forum preceding in Tokyo.

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New Delhi: The rupee opened stronger for the third straight session on Monday, buoyed by the surge in regional stocks after European leaders agreed to shore up the region's troubled banks.

 

Gains were mild as the euro gave up some of its gains amid concerns that the debt crisis is still far from over.

 

At 9.05 a.m., the rupee was at 55.57/60 as against 55.6050/6150 last close.

Story first published on: July 02, 2012 09:16 (IST)

Tags: Rupee Watch

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