USDINR closed 15 paise up at 72.37 yesterday - Geojit Financial
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News Box
* USDINR closed 15 paise up at 72.37 yesterday
* FBIL set the reference rate for USDINR at 72.5155 and Euro at 86.4515
* US may return to full employment in 2022: Yellen
* Economic data from UK and Fed Chair Powell's testimony will shape the markets today
* US tresury bond yields slowly subsides
OUTLOOK - USDINR
Rupee opened 5 paise higher at 72.47, from its previous close against the US dollar and it finally closed marginally higher at 72.37 yesterday. USDINR had gained as far as the intraday high of 72.33 and fell to an intraday low of 72.51. The dollar index which compares the strength of the dollar against 6 major currencies rose by 0.05% and closed at 91.97. Brent crude future fell 0.46% to trade at $64.23/barrel. USDINR near futures are at 72.4125 with the next support seen at 72.3342 and next resistance seen at 72.5442 ahead of market opening today.
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