IGI Logo

News Box

* USDINR closed 16 paise higher at 73.05 yesterday

* UK PM Boris Johnson backs tariff free trade with Australia

* EU recovery fund will boost growth and cut debt in Southern Europe: Moody's

* BoE tells banks to quantify climate risk, target net-zero carbon emission by 2050

* Inflation data from UK and Eurozone and FOMC minutes in focus today

OUTLOOK - USDINR

Rupee opened 1 paise higher at 73.21, from its previous close against the US dollar and it finally closed a net 16 paise higher at 73.05 yesterday. USDINR had gained as far as the intraday high of 73.01 and fell to an intraday low of 73.41. The dollar index which compares the strength of the dollar against 6 major currencies fell 0.45% and closed at 89.78. Brent crude futures fell 1.61% to trade at $68.76/barrel. USDINR near futures are at 73.1750 with the next support seen at 73.0308 and next resistance seen at 73.3483 ahead of market opening today.

To Read Complete Report & Disclaimer Click Here

For More Geojit Financial Services Ltd Disclaimer https://www.geojit.com/disclaimer 
SEBI Registration Number: INH200000345

Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer