The rupee rebounded from
session lows to gain for the day after the economy grew more
strongly-than-expected in the April-June quarter, while a late surge in the euro
ahead of a speech from Federal Reserve Chairman Ben Bernanke also helped. India
said on Friday gross domestic product grew 5.5 percent in the previous quarter,
slightly better than 5.3 percent expected by analysts, signaling the worst may
be over for the economy. The rupee also benefit after global risk assets
rallied. The euro hit an eight-week high ahead of a speech from Bernanke that
many hope will hit at a resumption of asset purchases by the U.S. central bank
