USDINR closed 2 paise up at 72.53 yesterday - Geojit Financial
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News Box
* USDINR closed 2 paise up at 72.53 yesterday
* FBIL set the reference rate for USDINR at 72.5716 and Euro at 86.4105
* BOE leaves policy unchanged as expected, recovery still unclear
* US treasury yield rises to record high of 1.75%, equities lose.
* BOJ to make its ultra easy policy more sustainable
OUTLOOK - USDINR
Rupee opened 7 paise higher at 72.48, from its previous close against the US dollar and it finally closed marginally higher at 72.53 yesterday. USDINR had gained as far as the intraday high of 72.43 and fell to an intraday low of 72.60. The dollar index which compares the strength of the dollar against 6 major currencies rose by 0.24% and closed at 91.65. Brent crude future fell 0.35% to trade at $67.76/barrel. USDINR near futures are at 72.5925 with the next support seen at 72.4558 and next resistance seen at 72.7233 ahead of market opening today
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