Rupee slips by 0.61 paise

The Indian rupee fell against euro on Monday on prospects that Europe may agree to combine two rescue funds to halt the spread of its sovereign-debt crisis.

Rupee futures for March 2012 contract falls as much as 0.61 paise at Rs. 68.0300 per euro on the National Stock Exchange (NSE) at 12.12pm.

At the Chicago Mercantile Exchange (CME), EURUSD future for June 2012 contract traded at US$1.3245 per euro (USD depreciated by 0.35 per cent against EUR) and GBPUSD future for June 2012 contract traded at US$1.5856 per pound (USD depreciated by 0.23 per cent against GBP) at 12.13 PM today.

S&P CNX NIFTY, at NSE, was trading at 5,200.50, down by 1.47 per cent, after opening at 5,274.35 against the previous closing of 5,278.20. It touched the intra-day low of 5,187.85 till the trading. (At 12.10 PM today).

At NSE, EURINR for March 2012 contract traded at Rs. 68.0300 per euro, rupee depreciated 0.61 paise against euro, after opening at Rs. 67.6500 against the previous closing price of Rs. 67.4200. Rupee fell to Rs. 67.6500 with a business volume of 8862 lots till the trading (At 12.12 AM today).

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