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The Indian rupee has opened marginally lower at 66.78 per dollar on Monday compared to 66.76 a dollar in previous trading session.
Agam Gupta of StanChart says range for the day should be 66.65-67.10 a dollar and there could be a technical move up to 67.00-67.10 a dollar.
The Indian rupee tumbled in line with its Asian peers due to persistent risk-off sentiment on the back of broad dollar strength.
Paul Mackel, managing director - head of Asian currency research at HSBC, says though the dollar-rupee is high, volatility is low. However, in the near-term, he sees the rupee toughing the 67 per
We expect the pair to trade 66.40-67/ dollar range in short term, says Ashutosh Raina of HDFC Bank.
Ashutosh Raina of HDFC Bank said, "The dollar continues to gain against most of its G 10 peers on expectations of Fed hiking rates in December with the dollar index fast approaching this year's high
The rupee on Thursday slipped 24 paise to 66.56 against the US dollar, hitting its lowest level since September 16.
26-11-2015| Source:SME Mentor
The Indian rupee has fallen over 5 percent this year, restricting the drop in local gold prices to 5.5 percent, compared with a 9.3 percent drop in US dollar denominated gold.
The USD-INR pair is expected to trade today in a range of 66.25-66.50/dollar, says Mohan Shenoi of Kotak Mahindra Bank.
policy.""This will ensure dollar strength particularly against euro. Geopolitical developments could make currency markets volatile. Success of GST Bill could be a positive surprise for Indian equity
24-11-2015| Source:SME Mentor
The global rupee bonds would be used to refinance costly loans or raise capital for new projects with little currency risk. Indian companies had previously issued bonds abroad, but these were
Today the rupee is excepted to trade in a narrow range, likely and trade between 66.35-66.5/dollar mainly due to dollar for month-end oil demand, says NS Venkatesh of IDBI Bank.
The market is expected to weaken further and take cues from the rupee movement and also liquidity signals from the RBI, says NS Venkatesh, IDBI Bank.
The USD-INR pair should range between 66.10-66.35/dollar today, says Agam Gupta of StanChart.
The rupee is expected to trade in a range of 66.05-66.30/dollar today, says NS Venkatesh of IDBI Bank.
There was marginal weakening of the Dollar on account of the FOMC Minutes which suggested a gradual lift-off from December, says NS Venkatesh, IDBI Bank.
The USD-INR is expected to trade today in a range of 66.10-66.35/dollar, says Mohan Shenoi of Kotak Mahindra Bank.
expectations further dollar strength against major currencies was limited, he adds.According to him, the USD-INR is expected to trade today in a range of Rs 66.10-66.35/USD.On bonds market, Shenoi says
The Indian rupee opened lower at 66.12 per dollar as against yesterday's level of 66.03 at the Interbank Foreign Exchange (Forex) market. It hovered in the range of 66.1750 to 66.10 per dollar during
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