Perspective note on rupee 08 December 2021 By Emkay Global Financial Services
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2021/12/dce569c3abb9353f9bba786f541355d1.jpg)
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Below is Perspective note on rupee 08 December 2021 By Currency Desk of Emkay Global Financial Services
“The USDINR spot has been trading above 75 zone all throughout this week and today’s dovish than expected RBI policy kept the uptrend in USDINR spot intact. The focus is on this Friday’s US CPI data, a better than expected CPI print should increase further bets for hawkish Fed and send the US Dollar higher once again. Also, the divergence between Fed and RBI policies will keep the USDINR spot afloat. But this week we expect 75.70 to act as a strong resistance, as slew of IPOs related flows can keep a check on the upside in spot, with 75 acting as a strong support. Only a break of 75.70 will push prices towards 76 zone.”
Above views are of the author and not of the website kindly read disclaimer
![](https://portfolio.investmentguruindia.com/uploads/news/Clean Science and Technology.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Somany logo.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Axis Securities Ltd.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/startup.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Srinivas Narayanan.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Mongolia.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/nitingadkari37.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/jul03v68_wcHr0zT.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/IT Sector03.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Bharti Airtel Ltd.jpg)
Tag News
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/5f8722dc5cfdcb05d0a567e0df6a967e.jpg)
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](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/c49d5573f54fd1fe07309fbce5369a52.jpg)
![USDINR is trading near all time low and we might see some RBI intervention but as long as 82.80 - Tradebulls Securities](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/0732326f21b0692a41afc4432d1a7a56.jpg)
![GBPINR broke down below its 100 DMA yesterday and closed with a big bearish candle around 103.82 - Swastika Investmart](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/842b8e5254d53919452a82c7f06190bd.jpg)
More News
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2022/06/027cd0bf7a5516e711818d44f62707eb.jpg)
Japanese Yen gets the spotlight amidst all the global humdrum By Heena Naik, Angel One Ltd
![Rupee Quote : The domestic currency is seen reacting to mixed variables as of now Says Ms. Sugandha Sachdeva, Religare Broking](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2022/08/1e45342fe06f5f493ad28b6d6ed8b981.jpg)
![Evening Currency Update 25 August 2021 by Anindya Banerjee, Kotak Securities](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2021/08/bdb23f778ca882ff6cc841c7392da933.jpg)
![The Indian Rupee has been termed as the worst-performing Asian currency By Heena Naik, Angel Broking](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2021/04/5bb5f1a8381483d37cb02679d71faff0.jpg)