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    HomeNewsBusinessMarketsRupee trading near day's high

    Rupee trading near day's high

    Rupee close to day's high in range-bound trade, with the currency still drawing comfort from Prime Minister Manmohan Singh's calls for renewed reforms.

    June 28, 2012 / 15:12 IST

    Rupee close to day's high in range-bound trade, with the currency still drawing comfort from Prime Minister Manmohan Singh's calls for renewed reforms.


    Pair at 56.95-56.96 vs 56.89 low as against 57.15-57.16 last close.


    Trader says some oil-related buying was seen earlier in the session. Typically, dollar demand by oil companies flares up during month-end to meet payment obligations.

    Dealer says pair awaiting outcome of EU summit, concrete government steps, and will be ranged till then.

    first published: Jun 28, 2012 02:32 pm

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