The rupee ended stronger on Monday as investors took comfort from the $1 trillion emergency rescue package aimed at preventing Greece's debt crisis from spreading through the euro zone.
The rupee ended stronger on Monday as investors took comfort from the $1 trillion emergency rescue package aimed at preventing Greece's debt crisis from spreading through the euro zone. Reuters

The Indian rupee fell on Monday tracking the euro's losses and weak domestic equities as heightened worries over European debt crisis pushing investors to cut holdings in riskier assets.

* At 9:15 a.m., the partially convertible rupee was at 47.72/73 per dollar, weaker from Friday's close of 47.26/27.

* Cancellation of a visit by Greek Prime Minister George Papandreou to the United States to chair an emergency meeting and a regional election defeat for Germany's chancellor Angela Merkel added fuel to an already tense euro.

* The euro was at $1.3666, lower from $1.3811 at end of the rupee's trade on Friday, while the index of the dollar against six major currencies at 77.143 points from 76.550 previously.

* The BSE Sensex fell 0.4 percent in early trade

Germany Down