Reuters Market Eye - The rupee edges up to 55.57/58 versus its close of 55.63/64 on Friday, tracking gains in the domestic share market.
The BSE Sensex is trading up 0.9 percent, pulled up by gains in Reliance Industries which rises 4.5 percent after the conglomerate and its partners say they made a significant gas discovery in the KG-D6 basin.
Most Asian currencies trading slightly stronger compared with the dollar.
The dollar's broad losses versus major currencies also hurting the USD/INR pair. The dollar's index versus six majors down 0.17 percent.
Dollar demand from importers, particularly oil firms, limiting a further sharp slide in the pair, traders say.
