There is an indirect effect on the rupee from the Greece crisis, even though India has less direct exposure. Dr. Raghuram Rajan (RBI Chief) in his article says that India is well guarded with good macro-policies and a healthy economy. Amidst the turmoil, the rupee has remained stable against the dollar and euro. Thanks to the foreign exchange reserves India is projected to fend off any impact from the crisis. Analysts have put the same claim that stronger economic fundamentals and comfortable foreign reserves are enough to see off any impact. Also amidst stimulus programme, the Greece crisis is said to be grounded. To know more:  http://profit.ndtv.com/news/greece-crisis/article-greece-crisis-may-impact-rupee-raghuram-rajan-777442