IGI Logo

News Box

* USDINR closed 19 paise higher at 72.77 on tuesday

* US president Biden set to extend infrastructure stimulus talk

* China vice President and US trade representatives hold phone call over trade deal

* Weakness in US job market will continue till late 2022: Fitch ratings

* US mortgage applications fall 4.2% to 7 week low as inflation edges higher

OUTLOOK - USDINR

Rupee opened 11 paise higher at 72.85, from its previous close against the US dollar and it finally closed a net 19 paise higher at 72.77 on tuesday. USDINR had gained as far as the intraday high of 72.75 and fell to an intraday low of 72.87. The dollar index which compares the strength of the dollar against 6 major currencies rose 0.42% and closed at 90.04. Brent crude futures rose 0.35% to trade at $68.94/barrel. USDINR near futures are at 72.8425 with the next support seen at 72.7842 and next resistance seen at 72.9192 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