Rupee slips by 13 paise against euro

Posted By: Religare
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The Indian rupee fell against euro on Tuesday as the Euro Chief seeks to buy time for the Spanish and Italian governments to wrest control over their $203 Billion debt. Rupee futures for January 2012 contract falls as much as 0.13 paise at Rs. 69.4850 per euro on the National Stock Exchange (NSE) at 12.23pm.

At the Chicago Mercantile Exchange (CME), EURUSD future for March 2012 contract traded at US$1.2988 per euro (USD depreciated by 0.40 per cent against EUR) and GBPUSD future for March 2012 contract traded at US$1.5556 per pound (USD depreciated by 0.27 per cent against GBP) at 12.25 PM today.

S&P CNX NIFTY, at NSE, was trading at 4,735.05, up by 2.12 per cent, after opening at 4,675.80 against the previous closing of 4,636.75. It touched the intra-day high of 4,736.25 till the trading. (At 12.16 PM today).

At NSE, EURINR for January 2012 contract traded at Rs. 69.4850 per euro, rupee depreciated 0.13 paise against euro, after opening at Rs. 69.3850 against the previous closing price of Rs. 69.3525. Rupee fell to Rs. 69.5175 with a business volume of 4655 lots till the trading (At 12.23 PM today).

Read more about: currency, euro
Story first published: Tuesday, January 3, 2012, 22:30 [IST]
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