Rupee loses against dollar as state banks buy; fall in euro aids
Rupee was trading at 61.92/93 against dollar versus Friday's close of 61.7625/7725. Pair earlier rose to 61.6550.Euro was close to a two-year trough against the dollar as investors bet the ECB will ease monetary policy more aggressively. Traders said that good demand for the greenback also seen from state-run banks, offsetting foreign fund inflows into shares.
NSE index ended up 0.6 per cent. Asian shares were broadly higher on prospects of further policy stimulus in China and Europe.
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