MUMBAI: Rupee recouped all early losses on Monday aided by improvement in the euro and some dollar inflows, although volatile local shares limited the recovery.
At 1:42 p.m., the partially convertible rupee was at 48.71/72 per dollar, stronger than Friday's close of 48.7550/7650. The unit had dipped to 48.90 in early trades.
The euro was at $1.4040, up from the day's low of $1.3976, but still lower than $1.4148 at the end of local trade on Friday.
The index of the dollar against six major currencies was at 75.941 points versus 75.079 points previously.
The local benchmark share index was down 0.18 percent after briefly turning positive. Underlying sentiment is cautious after four straight sessions of gains and weak sentiment in other Asian markets.
