WSJ:Indian Rupee Gains For A Third Day On Better Risk Mood; Bonds Flat
MUMBAI (Dow Jones)--The Indian rupee rose against the U.S. dollar for a third consecutive session Monday, thanks to improved risk sentiment across the region as fears over Greece's exit from the euro zone ebbed.
The dollar was at INR55.19 late Monday in Asia, compared with INR55.37 late Friday. The rupee tried to take a stab at the psychologically important level of 55, but could only climb to 55.01. It fell to a record low of 56.37 Thursday.