Evening Currency Updates 07 September 2021 by Anindya Banerjee, Kotak Securities
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Below is quote on Evening Currency Updates 07 September 2021 by Anindya Banerjee, DVP, Currency Derivatives & Interest Rate Derivatives, Kotak Securities
The spot rupee jumped 30 paise higher at 73.40 against the greenback probably on the back of large corporate demand for the dollar. A strong US Dollar Index is also aiding the weakness in the rupee. However, the upside remains capped thanks to exporter selling and FPI inflows. We expect a range of 73.00 and 73.70 on spot.
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EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory
