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Published on 3/04/2020 5:31:53 PM | Source: Emkay Global Financial Services Ltd

Views Quote On Currency by Mr. Rahul Gupta, Emkay Global Financial Services

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Below is the Views Quote On Currency by Mr. Rahul Gupta, Head of Research-Currency| Emkay Global Financial Services

“The coronavirus will continue to dominate all the price actions and asset classes. The reduction in OTC timings will disappoint the speculators and also reduce the volumes. Reduction in volumes will impact the market liquidity and likely increase volatility keeping rupee on an edge. We may see RBI intervening and capping the volatility however, there is not much RBI can do. 76.80-76.85 will act as a crucial resistance with 75.40 in support..”

 

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