`(Reuters) - The rupee continued to trade higher in afternoon trades on Friday aided by positive shares, but came off the day's high as the euro slipped.
* At 2:20 p.m., the partially convertible rupee was at 45.9200/45.9250 per dollar, 0.4 percent stronger than Tuesday's close of 46.085/095, after touching a high of 45.8675 in early trades.
* The main stock index was trading about 0.5 percent higher on improving foreign fund demand for beaten-down shares.
* The euro slipped against the dollar and tumbled against the Swiss franc on Friday, as concerns about the euro zone's debt crisis and economic outlook after weak manufacturing data forced macro funds to sell and seek the relative safety of the franc.
* Traders expect the rupee to trade in a 45.80-46.00 band, with activity muted ahead of the weekend.
* The index of the dollar against six major currencies was at 74.528 points, above 74.129 at the close of local trade on Tuesday.
* The euro was at $1.4245, lower than $1.4399 at the close of domestic trade on Tuesday.
