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According to Agam Gupta of Standard Chartered, expect range for the rupee at 61.15-61.45/dollar for the day.
Pramit Brahmbhatt of Alpari India said the rupee was cheering the dip in current account deficit and steady FII inflows into Indian equity was helping the currency to consolidate further & trade
Ahead of ECB and BoE rate setting meetings later today and US payroll data tomorrow rupee is expected to trade in a range of 61.65-61.95/USD, says Mohan Shenoi of Kotak Mahindra Bank.
The dollar-rupee pair will continue to be sold on upticks in the near to medium term. Expected range for the day is 61.52-61.98/USD, says Ashok Gautam of Axis Bank.
Indian markets have also reacted negatively to the global concerns. Expect rupee to continue trading in 61.50-62.50/USD range, says Ashutosh Raina of HDFC Bank.
The rupee is lower tracking weakness in Asian currencies. Weak October-December GDP data as well as importers' dollar demands weighs further. Currencies saw safe haven buying in the Swiss Franc
Expect rupee in a range of 61.75-62.15/USD for the day, says Agam Gupta of Standard Chartered.
High month-end dollar demand by oil marketing companies is pushing rupee into the negative zone, says Pramit Brahmbhatt of Alpari India.
The Indian rupee opened on flat note at 61.95 per dollar versus 61.94 Tuesday. The yen is broadly firmer in early trade following a generally lackluster session that saw investors give the dollar a
On rupee, we have a target of 64/USD against the dollar in 12 months. The 10-year yield is at 8.5 percent this time next year, says Robert Prior of Credit Suisse.
Rupee is expected to depreciate during the day taking cues from the dollar which is trading strong despite mixed data released yesterday raising the questions about the economic growth, says Pramit
All currencies are moving in a very narrow range, including dollar-rupee pair. Expect the 62-63/USD range to continue, says Ashutosh Raina of HDFC Bank.
Ahead of ECB rate setting meeting and US non farm payroll data the dollar-rupee is expected to stay in a tight range of 62.30-62.70/dollar, says Mohan Shenoi of Kotak Mahindra Bank.
Equity and currency markets have performed better than majority of the other EMs. Dollar-rupee is back in 62.0-63.0 range with an appreciating bias, says Ashutosh Raina of HDFC Bank.
Indian rupee opened lower by 24 paise at 62.81 per dollar on Tuesday as against previous day's closing value of 62.57 per dollar.NS Venkatesh of IDBI Bank expects emerging markets
Indian rupee opened on a flat note at 62.69 per dollar on Monday as against Friday's closing value of 62.66 a dollar.Agam Gupta of Standard Chartered believes the dollar has weakened against emerging
impact on local bond markets though rupee is expected to whether the storm well.
The rupee opened higher by 18 paise at 62.33 per dollar versus 62.51 Tuesday.The yen extends its pullback early this morning, while higher-risk currencies like Australian dollar rally after turkey
Post the surprise in the RBI policy, Rupee is likely to retrace back to its medium term band of 61-63/USD, says Ramanathan K, ING Investment Mgmt.
The rupee opened lower at 63.18 per dollar versus 63.10 Monday. The dollar regains a firmer footing against the yen, as expectations that the US Fed will scale back its stimulus further pulled
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