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Published on 2/07/2020 4:33:51 PM | Source: Angel Broking Ltd

Today, Rupee is trading above 3 month high and trading at 74.88 levels by Mr. Anuj Gupta, Angel Broking

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Below is the Quote on Rupee by Mr. Anuj Gupta (DVP–Commodities & Currencies Research, Angel Broking)

“Today, Rupee is trading above 3 month high and trading at 74.88 levels on the expectation of  positive outcome over India China tension. Positive equity markets and expectation of recovery from potential covid-19 vaccine.  Progress on the vaccine front is also supportive for rupee. We expect Rupee may trade positive further and it may test 74.70 to 74.50 levels towards appreciation.”

 

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