Rupee slips against Euro

Posted By: Religare
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The Indian rupee depreciated 0.18 paise to Rs 69.7450 against the euro on Wednesday as German industrial output rose more than expected in March in turn adding to signs that Europe's largest economy may be recovering. At NSE, EURINR for May 2012 contract traded at Rs. 69.7450 per euro, rupee depreciated 0.18 paise against euro, after opening at Rs. 69.7800 against the previous closing price of Rs. 69.5575. Rupee fell to Rs. 69.5950 with a business volume of 5682 lots till the trading (At 12.34 PM today). Industrial production rose 2.8% in March in adjusted terms from a month earlier due to a boom in construction

At the Chicago Mercantile Exchange (CME), EURUSD future for June 2012 contract traded at US$1.2978 per euro (USD appreciated by 0.17 per cent against EUR) and GBPUSD future for June 2012 contract traded at US$1.6139 per pound (USD appreciated by 0.09 per cent against GBP) at 12.36 PM today.

S&P CNX NIFTY, at NSE, was trading at 5,001.80, up by 0.04 per cent, after opening at 4,967.90 against the previous closing of 4,999.95. It touched the intra-day low of 4,959.65 till the trading. (At 12.32 PM today).

Read more about: currency, dollar, euro
Story first published: Wednesday, May 9, 2012, 23:32 [IST]
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