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The USD-INR pair is expected to trade within a range of 66.60-66.80/dollar, says Bhaskar Panda of HDFC Bank.
Expect rupee to break the resistance and will head towards 66.50/USD, says Pramit Brahmbhatt, Veracity.
Trading range for USD/INR pair will be 66.50-67/dollar, says Pramit Brahmbhatt of Veracity.
In-line with global trends, rupee is also seen in a narrow range. USD-INR trading range for the day is 66.80-67.05/dollar, says Mohan Shenoi of Kotak Mahindra Bank.
Snapping its two-day rising trend,the rupee today lost four paise to end at 66.96 against the USdollar on fresh demand for the American currency from banksand importers.
Ashutosh Raina of HDFC Bank says the USD/INR currency pair continues to hover around the 67/dollar level tracking the global risk on sentiment, with gains getting capped by suspected
Expect USD-INR to trade in 66.80-67.10/dollar range for today, says Ashutosh Raina of HDFC Bank.
The rupee today strengthened for thesecond straight session, gaining by another 9 paise to closeat 66.92 per dollar in view of strong foreign capital inflowscoupled with firm equity market.
Pramit Brahmbhatt, Veracity said, "Despite positive cues from equity market, the rupee is expected to trade with a negative bias. The trading range for the spot USD-INR pair is seen between 66
The trading range for the spot USD-INR pair is seen between 66.80-67.20/dollar, says Pramit Brahmbhatt of Veracity.
We expect the USD-INR to trade in the 67-67.30/dollar range today with slight weakening bias, says Ashutosh Raina of HDFC Bank.
Ashutosh Raina, HDFC Bank said, "The USD-INR pair has been trading in a very tight range recently, tracking global dollar weakness. We expect the pair to trade in the 67-67.30/USD range today
The Indian rupee opened lower by 4 paise at 66.94 per dollar on Thursday versus previous close 66.90.Mohan Shenoi of Kotak Mahindra Bank said, "Dollar rally looks to have lost steam despite Fed chair
Rupee has been resilient on the back of change in monetary policy stance of RBI. The USD -INR is expected to trade in the range of 66.70-67 for the day, says Mohan Shenoi of Kotak Mahindra Bank.
The 10-year benchmark yield is expected to open with a negative bias and trade within the range of 6.90-6.95 percent, says NS Venkatesh, Lakshmi Vilas Bank.
The USD-INR is expected to trade in a range of 66.78-67.08/dollar today, says NS Venkatesh of Lakshmi Vilas Bank.
According to the Edelweiss Forex rates annual currency outlook 2017, the outperformance of the rupee is unlikely to continue and US weak dollar policy can create some downside pressure on USD
It seems the glory days are back for the dollar. The greenback rose to a three week high on Monday all thanks to US Presidents promise to cut taxes to encourage corporate profits and investments
The Indian rupee rebounded in early trade Tuesday, with gaining past its 67 level against the US dollarIt has opened higher by 5 paise at 66.97 per dollar against previous close of 67.02.Bhaskar
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