MENU

Published on 14/05/2021 9:29:44 AM | Source: Geojit Financial Services Ltd

USDINR closed 8 paise lower at 73.42 yesterday - Geojit Financial

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

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel  https://t.me/InvestmentGuruIndia 

Download Telegram App before Joining the Channel

News Box

* USDINR closed 8 paise lower at 73.42 yesterday

* Forex Reserve surges $32.29bn in six months: RBI

* US core PCE increased 0.52% MoM, 2.8% YoY in April: Goldman Sachs

* Economic data from US puts dollar in focus today

* US weekly jobless claims drop to 14 month low

* US 10yr tresury yields at 1 month high, UK 10yr bond yields at 13 month high

 

OUTLOOK - USDINR

Rupee opened 15paise lower at 73.49, from its previous close against the US dollar and it finally closed a net 8 paise lower at 73.42 yesterday. USDINR had gained as far as the intraday high of 73.38 and fell to an intraday low of 73.50. The dollar index which compares the strength of the dollar against 6 major currencies rose 0.67% and closed at 90.77. Brent crude futures rosel 0.36% to trade at $69.38/barrel. USDINR near futures are at 73.5900 with the next support seen at 73.5158 and next resistance seen at 73.6733 ahead of market opening today

 

To Read Complete Report & Disclaimer Click Here

 

For More Geojit Financial Services Ltd Disclaimer https://www.geojit.com/disclaimer 
SEBI Registration Number: INH200000345

 

Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer