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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.
USDINR may trade on the negative note as lower Brent crude prices may continue to pressure US dollar. Further, geopolitical tensions in Iraq and ongoing conflicts between Russia and Ukraine may
The US dollar is expected to garner buying support on declines against the rupee. one can utilise declines in the US$/INR August contract to buy, says ICICIdirect.com.
Karvy's report on rupeeAsian markets are trading on a mixed note with a marginally lower bias after two days of positive rally. The S&P 500 closed at 1981.60 up by 0.50 percent buoyed by positive
The rupee is expected to trade in a very narrow range of 60.5-60.75/dollar, says NS Venkatesh of IDBI Bank.
will be balanced by demand from oil importers.""The rupee is expected to trade in a very narrow range of 60.5-60.75/dollar," he said.
After four days of holiday, the Indian rupee opened on flat note at 60.77 per dollar on Tuesday against last Thursday's closing value of 60.76 a dollar.The dollar has risen against a basket
The 10-year bonds appear to be settling in 8.50-8.80 percent range after the recent RBI action and some reduction in government borrowing, says Ashutosh Raina, Head-Forex Trading at HDFC Bank.
ICICIdirect.com has come out with its report on currency. According to the research firm, the US dollar is expected to meet supply pressure on rallies against the rupee. One can utilise rallies
USDINR may trade on the positive note as higher consumer inflation data may continue to pressure Indian Rupee and support the pair. Further, geopolitical tensions in Iraq and ongoing conflicts
In the absence of global cues, the rupee has now settled in a new range of 60.80-61.70/dollar. Today, the rupee is expected to trade in a tight range of 61.10-61.35/dollar, says Mohan Shenoi of Kotak
(rupee-dollar exchange rate) rate in the previous fortnight.This is the second cut in petrol prices since Narendra Modi government came to power. Oil firms had cut rates on August 1 by Rs 1.09 per litre
The US dollar is expected to garner buying support on declines against the rupee. one can utilise declines in the US$/INR August contract to buy, says ICICIdirect.com
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