RTRS:Rupee at 2-week high on euro surge, local shares
(Reuters) - The rupee rose to a two-week high on Thursday propelled by local shares and the euro's surge after Greece moved a step closer to securing international aid on Wednesday evening.
* At 9:21 a.m., the partially convertible rupee was at 44.74/75 per dollar, stronger than Wednesday's close of 44.86/87. In early trades, it had touched 44.72, a level last seen on June 15.
* The euro was at $1.4502 against $1.4438 at end of local forex trade on Wednesday, while the index of the dollar against six major currencies was down 0.50 percent at 74.318 points.
* Greek lawmakers voted by a clear margin for a five-year austerity plan. The solid margin suggested the government should be able to push through a second package of laws on Thursday, implementing specific budget measures and asset sales.
* The benchmark local share index was over 0.5 percent in early trades on Thursday after closing at two-month high on Wednesday.
* Strong Asian currencies were also firm and suppported the rupee, dealers said.
(Reporting by Aditya Phatak; Editing by Rajesh Pandathil)