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Rupee at day's high tracking euro

Anand Shimpi (Image courtesy: theverge.com)

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New Delhi: The rupee traded at a session high of 55.14/16 versus its 55.48/49 close on Wednesday, tracking a jump in the euro and gains in domestic shares.

 

The euro rallies on a Dow Jones report the European Financial Stability Facility would be able to buy Spanish bonds on the primary and secondary markets.

 

The Sensex closed up 0.55 per cent.

 

However, traders say dollar demand from oil firms was preventing further falls in the USD/INR.

 

Copyright @Thomson Reuters 2012

Story first published on: July 19, 2012 16:25 (IST)

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