Evening Currency Updates 09 September 2021 by Anindya Banerjee, Kotak Securities
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Below is quote on Evening Currency Updates 09 September 2021 by Anindya Banerjee, DVP, Currency Derivatives & Interest Rate Derivatives, Kotak Securities
The first half saw the spot rupee touched a high of 73.85 before settling lower at close near 73.50 levels against the dollar. Risk-off in Asian equities pushed the rupee against the dollar higher. However, selling by exporters and FPI inflows capped the advance. Over the next week, we expect the rupee to operate within a range of 73.20 and 74.00 levels on spot.
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