USDINR ended 10 paise up at 72.65 yesterday - Geojit Financial
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News Box
* USDINR ended 10 paise up at 72.65 yesterday
* FBIL set the reference rate for USDINR at 72.8359 and Euro at 88.0557
* Increase in jobless claims sets US dollar up to continue loss
* Japan, manufacturing PMI increases, services PMI at 6 months low
* Australia, manufacturing and services PMI below last month
OUTLOOK - USDINR
Rupee opened flat at 72.76, from the previous close of 72.75 against the US dollar and finally closed high at 72.65, up 10 paise. USDINR had gained as far as the intraday high of 72.65 and fell to an intraday low of 72.78. The dollar index which compares the strength of the dollar against 6 major currencies fell 0.26% and closed at 90.71. Brent crude futures was up by 0.28% to trade at $64.52/barrel. USDINR near futures are at 72.6300 with the next support seen at 72.5475 and next resistance seen at 72.7800 ahead of market opening today.
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