* USDINR trading range for the day is 63.4-64.09.
* Rupee gained on selling by foreign banks as dollar weakened significantly against major currencies on exp..
Greenback remains on the defensive ahainst the basket of currencies as markets are having second thought to the efficacy of tax reforms in terms of stimulating econ..
USDINR price has given rising trendline breakdown on the daily chart which suggests the reversal of the previous trend.
On the daily cha..
* The dollar slipped to its lowest in more than three months against a basket of major currencies on Friday as the euro and sterling climbed, putting..
Indian rupee Yesterday rupee appreciated by 0.24 percent despite dollar index weakening by 0.14 percent. Rupee ended on a 5 month high against the ..
* The dollar slipped to its lowest in more than three months against a basket of major currencies on Friday as the euro and sterling climbed, ..
NSE USDINR Jan (CMP – 64.0625)
NSE USDINR Jan as seen in the weekly chart above has opened the week with gap down at 64.2275 levels and at the starting of the w..
Last week rupee appreciated by 0.29 percent as dollar index weakened by 0.9 percent. Rupee was thinly traded during the week on ac..
* Commodities traded higher with Bullion traded firm with weaker dollar. Crude oil traded higher with supply disruption and decline in US production. Base metals traded f..
USDINR price has moved above previous session ‘s high which suggest growing optimism on the currency pair.
On the daily chart USDI..
* The U.S. dollar index fell for the third consecutive day, nearing a three-month low and was down 0.35% at 92.34
* The dollar also failed to mov..
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