Quote on INR Outlook by Aamir Makda, Commodity & Currency Analyst, Technical Research, Choice Broking
Below the Quote on INR Outlook by Aamir Makda, Commodity & Currency Analyst, Technical Research, Choice Broking
INR Outlook:
"INR has gained its strength towards the end of today’s session and breakthrough below 96 level. INR has closed unchanged today after hitting a two-month low as Crude oil price continued to dictate overall momentum while Central bank’s interventions limits the weakness. The key focus is on Brent oil price; if oil price breaks below $100 a barrel level then we may see INR back to its support levels of 95.40 – 95.60 against US dollar."
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