The rupee was stronger in early morning trades on Tuesday on the back of positive local shares, higher regional peers and a firm euro.
* At 9:30 a.m., the partially convertible rupee was at 49.2150/2250 per dollar, 0.5 percent stronger than Monday's close of 49.445/455.
* Traders expect the rupee to move in a 49.00-49.40 band intraday.
* The euro held gains on Tuesday, following a sudden turnaround in investor mood from extreme skepticism to tentative optimism that Europe was really putting a plan together to deal with its debt and banking crisis.
* The euro was at $1.3528, compared with $1.3523 when the rupee closed on Monday, while the index of the dollar against six major currencies was at 77.997 points against 78.029.