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Rupee trades stronger on day; may fall later

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Reuters

Reuters Market Eye - The rupee trades stronger at 54.67/68 versus Friday's close of 54.8050/8150 tracking a broadly strong euro, which is hovering near its two-week highs hit last week.

A choppy share market also fails to provide any clear direction. The Sensex down 0.2 percent.

The pair is seen moving in a 54.60 to 55 range during the session.

Most Asian currencies trading weaker compared to the dollar. See for a snapshot.

Traders expect the pair to move higher later in the session.

(Reporting by Swati Bhat)

 

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First Published: Apr 08 2013 | 1:12 PM IST

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