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Sep 12, 2012, 05.16 PM IST
The rupee is trading at 55.15-55.16 versus its previous close of 55.34-55.35 and close to 55.14, a three-week high reached in opening deals.
Gains in the domestic share market weigh on dollar/rupee. The Sensex provisionally closes at a seven-month closing high, up 0.9% on day.
Euro gains after a German court's approval to the euro zone's new rescue fund, further hurting the dollar.
However, some mild dollar demand from oil firms is supporting the pair and preventing a further fall, traders say.
May 22 2013, 13:11
- in MARKET OUTLOOK
May 22 2013, 10:44
- in Economy