01-01-1970 12:00 AM | Source: PR Agency
Evening Currency Update 14 December 2021 by Anindya Banerjee, Kotak Securities
Below is quote on Evening Currency Update 14 December 2021 by Anindya Banerjee, DVP, Currency Derivatives & Interest Rate Derivatives, Kotak Securities
"USDINR spot closed 9 paise higher at 75.86, highest level since June 2020. Thanks to a combination of weak equity and stronger US Dollar Index, USDINR pushed higher. However the gains were limited as traders are staying away from making large bets ahead of the crucial US FOMC meeting tomorrow night. We expect a range bound market tomorrow and volatility can increase post FOMC. An expected range is 75.60 and 76.00 levels over the near term."
Above views are of the author and not of the website kindly read disclaimer
Latest News
Evening Roundup : A Daily Report on Bullion Energy &...
Market Wrap Up by Shrikant Chouhan, Head Equity Rese...
Gold Special Report: Akshaya Tritiya 2024 by Religar...
FIIs stood as net sellers in equities as per May 09 ...
Perspective On AMFI Data by Sanjay Agarwal, Senior D...
Post market comment by Mandar Bhojane, Research Anal...
Daily Market Analysis : The market resumed its corre...
Indian shares drop most in three months; L&T drags
VC firm Venturi Partners invests $27 mn in K12 Techn...
TCS CEO Krithivasan earned $3 million in first year ...
Tag News
EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory
Euro remained under pressure on Thursday amid weaker set of economic numbers from Euro zone - ICICI Direct
USDINR is trading near all time low and we might see some RBI intervention but as long as 82.80 - Tradebulls Securities
GBPINR broke down below its 100 DMA yesterday and closed with a big bearish candle around 103.82 - Swastika Investmart