Reuters Market Eye - The rupee is trading at 62.0975 vs Friday's close of 62.0250/0350.
The Indian unit recovers early losses after falling a multi-month low of 62.25.
Shares lend support as Nifty strikes another all-time high before trading flat.
Caution seen a day ahead of the RBI's policy review.
Asian currencies trade weaker on plunging oil prices and broad dollar strength.
Dollar tops 119 yen to its highest since July 2007.
(Reporting by Gaurav Pai)
