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Published on 16/07/2019 11:30:01 AM | Source: Geojit Financial Services Ltd

US dollar was little changed against a basket of currencies ahead of major data - Geojit Financial

Posted in Currency Report| #Currency Tips #Geojit Financial Services Ltd

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News Box

* Rupee ended at 68.54 a dollar yesterday, up 15 paise from its previous close of 68.89.

* FBIL set reference rate of dollar at 68.5855 and for Euro at 77.2931.

* June Trade Gap Narrows to $15.3B; Exports -9.7% y/y to $25.0b, imports -9.1%y/y to $40.3b.

* Global Funds Buy Net INR15.9b India Equity Derivatives Monday; Global Funds Sell Net INR2.16b of India Stocks on Monday: NSE

* Yield on 7.26% bonds maturing Jan 2029 at 6.43% on July 15.

* US dollar was little changed against a basket of currencies ahead of major data.

* In economic news, US retail sales is due in the later part of the day.

* Euro edged lower while UK's pound hovered near six month low on Brexit tensions.

* Japan’s yen supported as U.S. Treasury yields fall, market players looking for direction from the cross market.

* The People's Bank of China has set the Yuan reference rate at 6.8710 versus Monday's fix of 6.8677.

 

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