Quote on Rupee by Mr. Rahul Gupta, Head of Research-Currency By Emkay Global Financial Services

3/03/2021 5:21:19 PM | Source: Emkay Global Financial Services Ltd

Quote on Rupee by Mr. Rahul Gupta, Head of Research-Currency By Emkay Global Financial Services

News By Tags | #2259 #607 #5502

Below are Quote on Rupee by Mr. Rahul Gupta, Head of Research-Currency Emkay Global Financial Services

We have seen Rupee to appreciate immediately after the news that India’s defence minister stated they reached agreement with China to disengage troops from Pangong TSO lake area on disputed border. USDINR Spot hit a low of 72.70 which is the crucial support zone and if it consistently trades below 72.70 then further downside is expected towards 72.50. However, if the pair respected 72.70 mark then we may see a bounce towards 73.0-73.15.”

Above views are of the author and not of the website kindly read disclaimer

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here

IGI Logo

Quote on Rupee by Mr. Rahul Gupta, Head of Research-Currency By Emkay Global Financial Services

Top News

Tag News

More News