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.

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.