Evening Currency Update 15 September 2021 by Anindya Banerjee, Kotak Securities
Below is quote on Evening Currency Update 15 September 2021 by Anindya Banerjee, DVP, Currency Derivatives & Interest Rate Derivatives, Kotak Securities
“The spot rupee closed 18 paise lower at 73.49 to dollar on the back of increased FPI selling and exporter hedging. Global markets remain risk-on and that is favouring the Rupee. However, the pair continues to trade within a broad range of 73.00 and 74.00.”
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EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory