Rupee up against euro

Posted By: Religare
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The Indian rupee appreciated 0.45 paise to Rs 68.1025 against the euro on Monday as the single currency was weighed down after an audit of Spain's banks failed to hold back concerns about the country's progress towards a bailout that is required to boost its public finances. At MCXSX, EURINR for October 2012 contract traded at Rs. 68.1025 per euro, rupee appreciated 0.45 paise against euro, after opening at Rs. 68.2325 against the previous closing price of Rs. 68.5550. Rupee rose to Rs. 68.3325 with a business volume of 12551 lots till the trading (At 12.34 PM today).

At the Chicago Mercantile Exchange (CME), EURUSD future for December 2012 contract traded at US$1.2842 per euro (USD appreciated by 0.58 per cent against EUR) and GBPUSD future for December 2012 contract traded at US$1.6130 per pound (USD appreciated by 0.67 per cent against GBP) at 12.30 PM today.

S&P CNX NIFTY, at NSE, was trading at 5,702.90, down by 0.01 per cent, after opening at 5,704.75 against the previous closing of 5,703.30. It touched the intra-day low of 5,696 till the trading. (At 12.25 PM today).

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