Technically, The USD/INR spot is trading in a very tight range of 75.25-76, and expect it to remain in this until there are major cues, says Rahul Gup
Cases in India have risen exponentially, and fiscal deficit concerns surrounding the stimulus package will weigh on the appetite going forward, says S
1589949315 Money Control - 2 weeks ago
ICICI Direct However, we feel the rupee will consolidate in a range and again move towards 76 levels.
1589946871 Money Control - 2 weeks ago
At the interbank foreign exchange, the rupee opened at 75.71, then gained further ground to finally settle at 75.66 against the American currency, reg
1589881507 Money Control - 3 weeks ago
ICICI Direct However, we feel the USDINR pair will continue to trade in the range for coming sessions.
1589860951 Money Control - 3 weeks ago
Besides, market participants said the extension of the nationwide lockdown could weigh on the economic outlook of the country.
1589793006 Money Control - 3 weeks ago
ICICI Direct This may help the rupee to appreciate as overall its expected to trade in range. It has approached near its sizeable Call base of 76.
1589774469 Money Control - 3 weeks ago
Trading range for next few days is likely to be in the 74.90 - 76.4 zone per dollar.
1589623049 Money Control - 3 weeks ago
Forex traders said the local currency was trading in a narrow range amid rising risk-aversion in the broader financial markets.
1589534707 Money Control - 3 weeks ago
ICICI Direct This may help the rupee to appreciate as, overall, it is expected to trade in a range.
1589518687 Money Control - 3 weeks ago
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