ET:Rupee falls further; oil demand, euro spur the fall
The rupee extends declines and was down at 53.47/48 versus its previous close of 53.45/46 after rising to 53.0450, its highest since May 10.
Dealers said that continued oil-related dollar buying helped the pair after a sharp rise in early session.
The pair was also aided by the euro's fall after a leading survey of German business sentiment disappointed, and uncertainty over Spain and Greece was likely to undermine the single currency.
