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In case the RBI policy meets street expectations, the rupee will trade in a range of 67.75-68.15/dollar, says NS Venkatesh of Lakshmi Vilas Bank.
In case the RBI policy meets street expectations, the rupee will trade in a range of 67.75-68.15/USD, says NS Venkatesh, Lakshmi Vilas Bank.
. About 1657 shares advanced against 897 declining shares on the exchange.The rupee appreciated further on weakness in dollar, gaining past the 68 a dollar. It advanced 27 paise to 67.94 against the US
Ashutosh Raina, HDFC Bank said, "The USD-INR pair, tracking the overall dollar weakness, has moved closer to the 68/USD level. We expect the pair to trade in the 67.80-68.50/USD range ahead
We expect the pair to trade in the 67.80-68.50/dollar range ahead of the RBI policy decision and the all important FOMC meeting next week, says Ashutosh Raina of HDFC Bank.
The rupee today settled almost flatwith negative bias at 68.21 against the US currency in arestricted trade amid stray dollar demand from importers.
The Reserve Bank of India will be sensitive to dollar-rupee movement and correction on account of November 8 US presidential elections, Ananth Narayan, Head-Financial Markets, Standard Chartered Bank
The trading range for the USD-INR pair is seen between 68-68.50/dollar, says Pramit Brahmbhatt of Veracity.
The rupee added to its gains againstthe US dollar, firming up by 14 paise to end at 68.20 -- thehighest level in more than a week -- on growing expectationsthat the Reserve Bank will lower its key
The Indian currency opened marginally higher by 6 paise at 68.28 as against Thursday's level of 68.34 per dollar at the Inter-bank Foreign Exchange (Forex) market.
The USD-INR is now expected to consolidate within the 68.20-68.50/dollar range, says Bhaskar Panda of HDFC Bank.
is now more or less stabilised after USD-INR pair touched a lifetime high of 68.86/dollar earlier. The pair is now expected to consolidate within the 68.20-68.50/USD range.""There is sharp reversal
The rupee has weakened more than 3 percent in recent weeks to record lows, pressured by a US dollar rally, capital outflows from emerging markets and worries Prime Minister Narendra Modi's currency
The rupee is expected to see further depreciation in the coming months against the US dollar, although the depreciation will not be too steep, says Manish Gunwani, Deputy CIO, ICICI Prudential Mutual
The Indian currency opened lower by 10 paise at 68.48 as against Wednesday's level of 68.38 per dollar at the Inter-bank Foreign Exchange (Forex) market.
US treasury yields go higher and dollar strength against global majors continues. We expect the USD-INR to trade in a range of 68.45-68.80/dollar for the day, says Mohan Shenoi of Kotak Mahindra Bank.
and dollar strength against global majors continues. We expect the USD-INR to trade in a range of 68.45-68.80/USD for the day.""We expect the 10-year benchmark bond yield to trade in a range of 6
The rupee continued its strongrecovery momentum for the second day, surging by 27 paise toend at 68.38 against the US currency today even as a powerfuldollar rally remained unabated globally.
Equity benchmarks continued to hold morning gains while the broader markets outperformed for the third consecutive session. The rupee appreciated by 15 paise to trade at 68.50 against the US dollar
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