Besides, strengthening of the euro against the dollar in overseas market and a higher opening in the domestic equity market supported the rupee, traders said.

The rupee had gained four paise to close at over one-week high of 61.27 in the previous session on Wednesday.

Forex market remained closed on Thursday and Friday on account of "Diwali" and "Balipratipada", respectively.

The benchmark BSE Sensex rose by 49.33 points, or 0.18 percent, to 26,900.38 in morning trade on Monday.

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