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Choice International Ltd
Published on 10-03-2026 03:34 pm
*Currency Update:*
The Indian rupee appreciated to approximately 91.7 per dollar, recovering from its record low due to the Reserve Bank of India's (RBI) actions to stabilize the markets. RBI intervened in foreign-exchange markets, selling an estimated $18–$20 billion last week and employing buy-sell swaps to enhance liquidity. However, high energy prices may continue to affect India's trade balance and the rupee.
For Detailed Report With Disclaimer Visit. https://choicebroking.in/disclaimerSEBI Registration no.: INZ 000160131
Choice International Ltd
Published on 10-03-2026 11:39 am
*Currency Update:*
The Indian rupee appreciated to approximately 91.7 per dollar, recovering from its record low due to the Reserve Bank of India's (RBI) actions to stabilize the markets. RBI intervened in foreign-exchange markets, selling an estimated $18–$20 billion last week and employing buy-sell swaps to enhance liquidity. However, high energy prices may continue to affect India's trade balance and the rupee.
For Detailed Report With Disclaimer Visit. https://choicebroking.in/disclaimerSEBI Registration no.: INZ 000160131
Choice International Ltd
Published on 09-03-2026 10:53 am
Rupee Update
The Indian rupee fell towards 92 per dollar to a record low as surging oil prices and Middle East tensions increased pressure. Rising import costs, risk-off sentiment, and concerns over remittances and India’s external balance further weighed on the currency.
For Detailed Report With Disclaimer Visit. https://choicebroking.in/disclaimerSEBI Registration no.: INZ 000160131
Choice International Ltd
Published on 09-03-2026 09:38 am
Dollar Update
The dollar index strengthened to 99.35 as oil surged above $100 per barrel amid escalating Middle East tensions and fears of prolonged supply disruptions. Rising inflation expectations and safe-haven demand boosted the dollar, reinforcing bets that the Federal Reserve may delay interest rate cuts.
-Choice Broking
For Detailed Report With Disclaimer Visit. https://choicebroking.in/disclaimerSEBI Registration no.: INZ 000160131
Kedia Commodities
Published on 06-03-2026 12:02 pm
SELL JPYINR MAR @ 58.75 SL 59 TGT 58.5-58.25.
Click Here :- https://tinyurl.com/yc5a446s
(Disclaimer: https://bit.ly/2ziDavw)
