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The USD-INR pair is expected to trade today in a range of 66.25-66.50/dollar, says Mohan Shenoi of Kotak Mahindra Bank.
policy.""This will ensure dollar strength particularly against euro. Geopolitical developments could make currency markets volatile. Success of GST Bill could be a positive surprise for Indian equity
24-11-2015| Source:SME Mentor
The global rupee bonds would be used to refinance costly loans or raise capital for new projects with little currency risk. Indian companies had previously issued bonds abroad, but these were
Today the rupee is excepted to trade in a narrow range, likely and trade between 66.35-66.5/dollar mainly due to dollar for month-end oil demand, says NS Venkatesh of IDBI Bank.
The market is expected to weaken further and take cues from the rupee movement and also liquidity signals from the RBI, says NS Venkatesh, IDBI Bank.
The USD-INR pair should range between 66.10-66.35/dollar today, says Agam Gupta of StanChart.
The rupee is expected to trade in a range of 66.05-66.30/dollar today, says NS Venkatesh of IDBI Bank.
There was marginal weakening of the Dollar on account of the FOMC Minutes which suggested a gradual lift-off from December, says NS Venkatesh, IDBI Bank.
The USD-INR is expected to trade today in a range of 66.10-66.35/dollar, says Mohan Shenoi of Kotak Mahindra Bank.
expectations further dollar strength against major currencies was limited, he adds.According to him, the USD-INR is expected to trade today in a range of Rs 66.10-66.35/USD.On bonds market, Shenoi says
The Indian rupee opened lower at 66.12 per dollar as against yesterday's level of 66.03 at the Interbank Foreign Exchange (Forex) market. It hovered in the range of 66.1750 to 66.10 per dollar during
We see the range for the rupee between 65.60-66.40/dollar today, says Pramit Brahmbhatt of Veracity.
We expect the pair to trade in the 65.70-66.30/dollar range for today, says Ashutosh Raina of HDFC Bank.
On the currency front, it is still more of a dollar story over the next 12-months and rupee will depreciate gradually with the dollar strengthening, says Rajeev Malik, Senior Economist at CLSA.
We see the range between 65.70-66.50/dollar for today, says Pramit Brahmbhatt of Veracity.
Monday cost Rs 46.80 as compared to Rs 45.93 per litre. "The current level of international product prices of petrol and diesel and Indian Rupee-US Dollar exchange rate warrant an increase in prices
According to Angel Broking, Rupee is likely to appreciate owing ot weakness seen in the US Dollar Index. However, Asian stock marketlosses will keep the Indian markets and its currency pressurized.
The rupee resumed higher at 66.18 per dollar as against the 66.31 per dollar the Interbank Foreign Exchange (Forex) market on last Tuesday and firmed up further to 66.1050 per dollar before quoting
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