Rupee rises by 25 paise against euro

Posted By: Religare
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The Indian rupee rose against euro on Monday as euro fell after Athens and its private creditors failed to agree on a debt swap deal that is vital to avert a chaotic default for Greece. Rupee futures for January 2012 contract rises as much as 0.25 paise at Rs. 64.8500 per euro on the National Stock Exchange (NSE) at 12.06pm.

At the Chicago Mercantile Exchange (CME), EURUSD future for March 2012 contract traded at US$1.2899 per euro (USD appreciated by 0.27 per cent against EUR) and GBPUSD future for March 2012 contract traded at US$1.5546 per pound (USD appreciated by 0.19 per cent against GBP) at 12.07 PM today.

S&P CNX NIFTY, at NSE, was trading at 5,036.60, down by 0.24 per cent, after opening at 5,025.35 against the previous closing of 5,048.60. It touched the intra-day low of 5,021.35 till the trading. (At 12.03 PM today).

At NSE, EURINR for January 2012 contract traded at Rs. 64.8500 per euro, rupee appreciated 0.25 paise against euro, after opening at Rs. 65.1100 against the previous closing price of Rs. 65.1050. Rupee rose to Rs. 65.1100 with a business volume of 15753 lots till the trading (At 12.06 PM today).

Read more about: currency, euro, nse
Story first published: Monday, January 23, 2012, 23:31 [IST]
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