Below is the Quote on Rupee by Mr. Rahul Gupta, Head of Research-Currency, Emkay Global Financial Services
"The market sentiments have been is still travelling with the notion that a new US stimulus is coming, but the delay is hinting that it may be roll out after US election. Also, the halt in covid-19 vaccine trials calibrates that the race for a vaccine is bumpy and we cannot hope for a quick global economic recovery. The USDINR spot is trading sideways in between 73-73.60 and we may see it to continue being in this range."
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