<p>The rupee rose to an over one-week high on Thursday after the euro jumped to a seven-week high on hopes of monetary easing by the Federal Reserve and as the government made it easier for companies to tap overseas funds.</p>.<p>At 9.04 a.m. local time, the rupee was trading at 55.2325/2475 versus its last close of 55.4950/5050. It rose to a high of 55.20, its highest since Aug 13.</p>.<p>India has eased overseas borrowing rules, including allowing non-resident entities to provide some guarantees for external borrowings.</p>
<p>The rupee rose to an over one-week high on Thursday after the euro jumped to a seven-week high on hopes of monetary easing by the Federal Reserve and as the government made it easier for companies to tap overseas funds.</p>.<p>At 9.04 a.m. local time, the rupee was trading at 55.2325/2475 versus its last close of 55.4950/5050. It rose to a high of 55.20, its highest since Aug 13.</p>.<p>India has eased overseas borrowing rules, including allowing non-resident entities to provide some guarantees for external borrowings.</p>