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On the US dollar, Ananth Narayan, Head- Financial Markets at Standard Chartered Bank says, some legs in the growth story still remains. It is likely that fundamentals prevail over President
According to Mohan Shenoi of Kotak Mahindra Bank, "Rupee to trade today in a range of 68.10-68.40/dollar."
The company has issued the Senior Secured Notes due 2020 payable in US Dollars with coupon of 8.25 percent amounting to Rs 475 crore, Shriram Transport Finance Company said in a filing on the stock
Mohan Shenoi, Kotak Mahindra Bank said, "In-line with global dollar strength, rupee is also expected to open marginally weaker and trade today in a range of 68.10-68.40/USD."He further said, "The
Manisha Gupta of CNBC-TV18 updates us on all the action from currency space specifically on Dollar Index.
The dollar index collapsed to its lowest level in a month after President elect Donald Trump described dollar as too strong. The dollar fell 1.3 percent Tuesday against a basket of major peers to its
NS Venkatesh, ED, Lakshmi Vilas Bank said, "The global developments arising out of general weakness of dollar and strengthening of pound will have a bearing on the way our currency and equity markets
The rupee is expected to move in a range of 67.82-68.08/dollar, says NS Venkatesh, ED at Lakshmi Vilas Bank.
If oil continues to remain higher, can see pressure on the rupee, with the pair moving towards 68.06-68.70/USD, says Arvind Narayanan, DBS Bank.
FPIs have been net sellers and if oil continues to remain higher, can see pressure on the rupee, with the pair moving towards 68.06-68.70/dollar, says Arvind Narayanan of DBS Bank.
The trading range for spot USD-INR pair will be 68-68.50/USD, says Pramit Brahmbhatt, Veracity.
The trading range for spot USD-INR pair will be 68-68.50/dollar, says Pramit Brahmbhatt of Veracity.
Infosys lowered its full year dollar revenue guidance to 7.2-7.6 percent from 7.5-8.5 percent earlier and rupee revenue guidance to 10-10.4 percent from 10.9-11.9 percent.
Given the dollar weakness, we expect the USD-INR pair to trade in a range of 67.90-68.15/dollar today, says Bhaskar Panda of HDFC Bank.
Bhaskar Panda, HDFC Bank said, "This week saw the dollar Index come down to trade below 101 levels. Given the dollar weakness, we expect the USD-INR pair to trade in a range of 67.90-68.15/USD today
The Reserve Bank of India todayfixed the reference rate of the rupee at 68.0858 against theUS dollar and 72.2322 for the euro.
We expect the USD-INR to trade in a range of 68-68.30/dollar for the day, says Mohan Shenoi of Kotak Mahindra Bank.
The rupee once again turned shaky against the US dollar and fell by 14 paise to close at 68.32 per dollar in the face of a bullish greenback overseas.Fresh demand for the US currency from importers
The rupee will take cues from the equity market movement as well as the minor weakness of USD against the major currencies, says NS Venkatesh of Lakshmi Vilas Bank.
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