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"Expect rupee to trade in the range of 60.35-60.70/dollar, says Agam Gupta of Standard Chartered.
Expect USD-INR to open around 60.50-60.55/dollar and the rupee to trade in the range of 60.35-60.70/dollar, says Agam Gupta of Standard Chartered.
In the absence of any fresh triggers rupee is expected to trade in a narrow range of 60.35-60.60/dollar today, says Mohan Shenoy of Kotak Mahindra Bank.
While the rupee has appreciated to comfortable levels of 60 against the greenback, it may see slightly depreciated levels of 62 by 2015-end, says Dominic Bunning, associate director- Forex Strategy
Mohan Shenoi, Kotak Mahindra Bank said, "As long as US economic data is mixed, currency markets will not expect US Fed to raise interest rates. Consequently, Dollar strength against major global
Rupee may weaken ahead of the GDP data for the April-June quarter expected on Friday. Expect USD-INR to trade in the range of 60.22-60.75/dollar, says Himanshu Arora, Currency Analyst at Religare.
Rupee may weaken ahead of the GDP data for the April-June quarter expected on Friday, says Himanshu Arora, Currency Analyst, Religare.
The increased FII flows into Indian equity and bond markets have resulted in rupee gaining and touching 60.50/dollar after recent losses, says Ashutosh Raina of HDFC Bank.
gaining and touching 60.50/dollar after recent losses. We expect the rupee to trade in the 60-61/dollar range.”He further added, "The renewed FII interest in Indian bonds and expected increase
ICICIdirect.com has come out with its report on currency. According to the research firm, the US dollar is expected to garner buying support on declines against the INR. One can utilise declines
already?A: It is going to be effective from September 5.Q: What have you made of the strength in the dollar index and the rupee is still not buckling?A: If you see the flows last week, they were close
Local banks will probably be on the bid between 60.35-60.40/dollar, while exporters and FIIs will sell dollars on any uptick above 60.60/dollar, says Agam Gupta of Standard Chartered.
Agam Gupta, Standard Chartered said, "Expect Rupee to open around 60.50/USD and trade in the range of 60.35-60.65/USD. Local banks will probably be on the bid between 60.35-60.40/USD while exporters
The rupee has been trading stronger Friday at around 60.4 against the dollar. Even the yields have been quite firm.Discussing the bond and money market, Jayesh Mehta, MD & Country Treasurer, Bank
The central bank has been buying dollars in the spot market and swapping it in the forward market in order to build a buffer against potential capital outflows, especially with respect to risks from
We expect Indian equities to trade strong and they are likely to post new all-time highs during the day. Rupee is also expected to appreciate today. We expect a range of 60.20-61/dollar, says Pramit
We expect rupee to trade between 60.20-61/USD range, says Pramit Brahmbhatt, Veracity.
Yesterday, the dollar rallied against its key rivals after the Federal Reserve Released meeting minutes suggesting the pace of labour market gains is getting quicker and improvement in job market
In-line with global trends, dollar is expected to strengthen against rupee today. We expect rupee to trade in a range of 60.50-60.90/dollar, says Mohan Shenoi of Kotak Mahindra Bank.
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