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Aug 17, 2012, 01.02 PM IST
Rupee trading near day's high as local stocks rise, euro holding gains. Rupee at 55.68/70 after falling to 55.78 in trade versus last close of 55.75/76.
Indian shares extend gains, BSE Sensex up 0.7 percent. USD/INR 1-month NDF trading at 56.00 after closing NY trading at 55.84-88. The euro on Friday held onto most of its gains from the previous session, bolstered by expectations for impending action to stem Europe's more than two-year old debt crisis.
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