Reuters Market Eye - The rupee opened at 55.61 and now at 55.57/58.
The stock market may help firm up direction of the USD/INR pair.
Dealers will watch for month-end importer demand, particularly from oil companies.
The dollar recovered from two-week lows against the yen on Friday as a safety-bid for the Japanese currency ebbed after the Nikkei share average rebounded from the previous day's 7.3-percent plunge and Wall Street regained some stability by the close.
(Reporting by Subhadip Sircar)
