Rupee Rises Higher: Mostly Ranging Through the Day

November 19, 2012 9:58 AM IST

Asian shares rise, boosted by a positive tone in U.S. equities last week, while the yen falls to a near seven-month low against the dollar on expectations a new government after next month's election in Japan may deliver more stimulus.

Almost all Asian units stronger compared to the dollar.

Traders to await the domestic sharemarket open for cues on foreign fund flows. The pair is seen in a 55.00 to 55.20 range intially in the session.

Copyright 2012 Thomson Reuters. All rights reserved.
Join the Conversation