Rupee bounces back to 53 level, up 68 paise vs USD at 53.71

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SummaryRupee has appreciated because of the fiscal measures taken up by the govt in the recent past.

reference rate for the US dollar at 53.9465 and for euro at 72.2050.

The rupee flared up further against the pound sterling to 85.63 from previous close of 87.17 and also remained firm against the euro to 71.75 from 72.61.

It too hardened against the Japanese yen to 59.81 per 100 yen from last close of 60.87.

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