Rupee falls against euro by 0.12 paise

Posted By: Religare
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The Indian rupee falls against euro on Monday due to the European leader's decision to adopt greater fiscal integration and cooperation on euro crisis and the weak domestic equity market. Rupee futures for December 2011 contract falls as much as 0.12 paise at Rs. 70.1750 per euro on the National Stock Exchange (NSE) at 12.07pm.

At the Chicago Mercantile Exchange (CME), EURUSD future for December 2011 contract traded at US$1.3341 per euro (USD appreciated by 0.220 per cent against EUR) and GBPUSD future for December 2011 contract traded at US$1.5627 per pound (USD appreciated by 0.21 per cent against GBP) at 12.10 PM today.

S&P CNX NIFTY, at NSE, was trading at 4,796.60, down by 1.44 per cent, after opening at 4,906.85 against the previous closing of 4,866.70. It touched the intra-day low of 4,796.20 till the trading. (At 12.04 PM today).

At NSE, EURINR for December 2011 contract traded at Rs. 70.1750 per euro, rupee depreciated 0.12 paise against euro, after opening at Rs. 69.9100 against the previous closing price of Rs. 70.0550. Rupee fell to Rs. 69.8100 with a business volume of 11456 lots till the trading (At 12.07 PM today).

Read more about: currency, euro, futures
Story first published: Monday, December 12, 2011, 23:30 [IST]
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