Rupee rises by 21 paise against euro

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The Indian rupee rose against euro on Tuesday as euro remained under pressure ahead of a Spanish debt auction and a European Central Bank policy meeting on Thursday, and an Italian debt auction on Friday. Rupee futures for January 2012 contract rises as much as 0.21 paise at Rs. 67.1375 per euro on the National Stock Exchange (NSE) at 12.04pm.

At the Chicago Mercantile Exchange (CME), EURUSD future for March 2012 contract traded at US$1.2772 per euro (USD depreciated by 0.05 per cent against EUR) and GBPUSD future for March 2012 contract traded at US$1.5463 per pound (USD appreciated by 0.04 per cent against GBP) at 12.05 PM today.

S&P CNX NIFTY, at NSE, was trading at 4,829.05, up by 1.82 per cent, after opening at 4,771.85 against the previous closing of 4,742.80. It touched the intra-day high of 4,833.15 till the trading. (At 12.05 PM today).

At NSE, EURINR for January 2012 contract traded at Rs. 67.1375 per euro, rupee appreciated 0.21 paise against euro, after opening at Rs. 67.2250 against the previous closing price of Rs. 67.3525. Rupee rose to Rs. 67.2250 with a business volume of 7083 lots till the trading (At 12.04 PM today).

Read more about: currency, euro, dollar
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