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ET:Rupee weakens as oil demand, euro fall boost |
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Rupee trades at 56.59/60 versus its close of 56.44/45 as some weakness in the euro and demand for the greenback from oil refiners aid.
Euro trading at $1.3069, off the day's high of $1.3106 and slightly weaker compared with its previous session close of $1.3078.
Traders say oil demand continues to be seen in the market but not large enough to cause further panic.
Gains in the domestic sharemarket preventing a further upside in the pair. Shares trading up 0.1 per cent.
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