Published on 15/07/2019 10:56:58 AM | Source: Geojit Financial Services Ltd

Rupee ended at 68.69 a dollar on Friday, down 25 paise from its previous close of 68.44 - Geojit Financial

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

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News Box

* Rupee ended at 68.69 a dollar on Friday, down 25 paise from its previous close of 68.44.

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

* On the data side, India will release June wholesale price inflation and trade data for June today.

* Forex Reserves Rise $2.2b to $429.9b in Week Ended July 5.

* Global Funds Buy Net INR11.6b India Equity Derivatives July 12; Global Funds Sell Net INR8.5b of India Stocks on July 12: NSE

* Yield on 7.26% bonds maturing Jan 2029 at 6.49% on July 12.

* US dollar was steady as to take cues from the key economic data from China.

* In economic news, US retail sales is due on Tuesday.

* Euro traded unchanged while UK's pound waited more cues from Brexit.

* China's Q2 GDP numbers slowed to 6.2%; the weakest in at least 27 years.

* The People's Bank of China has set the Yuan reference rate at 6.8677 versus Friday's fix of 6.8662.


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