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Jul 12, 2012, 08.23 AM IST

Rupee gains as euro surges on EU comments

MARKET-INDIA-RUPEE:Rupee gains as euro surges on EU comments

Source: Reuters
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Rupee gains as euro surges on EU comments
MUMBAI (Reuters) - The rupee opened stronger on Friday, buoyed by the surge in the euro after the European Union reaffirmed its commitment to use its bailout funds flexibly.


At 9.02 a.m., the rupee was at 56.62/6350 as against 56.80/81 last close.


(Reporting by Subhadip Sircar; Editing by Sunil Nair)


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