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According to Angel Broking, Indian Rupee is expected to trade on a mixed note on the back of upbeat market sentiments and selling of dollars by the foreign banks will support an upside
Reduction in FII inflows coupled with profit booking in local equities may put pressure on the rupee, says Pramit Brahmbhatt of Veracity.
prices are positive for the global economy, but more so for India.Brice sees a strong dollar in 2015, which will have an impact on many of the currencies in the region. He expects the rupee to be more
Reduction in FII inflows coupled with profit booking in local equities may put pressure on the rupee, says Pramit Brahmbhatt, Veracity.
Current trend of lower interest rates is expected to continue. Expect stronger GDP growth next year and rupee to depreciate against US dollar.
The Indian rupee has opened at 63.05 a dollar, up 6 paise compared to previous day's closing value of 63.11 a dollar.
Pramit Brahmbhatt, Veracity says the rupee is expected to trade weak as overnight, the dollar is trading strong which will keep rupee under pressure.
.Commodities extended rally with the Brent crude oil prices climbing above USD 62 a barrel, up 2.24 percent to 62.55 while US crude rose 2.11 percent to USD 57.66 a barrel.On the home turf, the rupee also bounced back
Although the rupee is at risk if the dollar continues to strengthen, the weakness would be limited and it would outperform other EM currencies going forward, says Manpreet Gill of Standard Chartered.
According to Angel Broking, Indian Rupee are expected to trade on a negative note on the back of strength in the DX following Yellens announcement. Additionally, concerns over the global economic
Karvy's report on rupeeRupee Review: With the US dollar settling down before the FOMC event later in the day, Indian rupee had a marginally strong session on Wednesday. Indian rupee opened on a
traded dollar-rupee December contract on the NSE closed at 63.82. The December contract open interest was down 0.37% from the previous dayJanuary contract open interest was also down 1.97% from
Going ahead, Sameer Goel expects rupee to be in the range of 62-63 against dollar in the near-term. He also anticipates bond yield to touch 7.60 percent by the end of first quarter next year.
The rupee continues to see a sharp sell-off, led by a pick-up in risk aversion, concerns on global growth, and year-end position adjustments, says Deepali Bhargava of Credit Suisse.
We retain our 12-month USD-INR forecast at 64/dollar, says Deepali Bhargava of Credit Suisse.
While some pegged the volume increase up to 75 percent, others have seen the business jumping up to 20 percent. The currency ended at 63.61 against the dollar today compared to 63.53 yesterday, which
Sugandha Sachdeva of Relicare says even though everybody is looking at interest rate cut to revive growth, which is still very close to 5 percent mark, a now depreciating rupee can see further
The rupee fell a 13-month low against the dollar while benchmark bond yields hit their highest level in two weeks as the brewing financial crisis in Russia continued to raise concerns about foreign
ICICIdirect.com expects the US dollar to garner buying support on declines against the rupee. One can utilise declines in the US$/INR December contract to buy for the target of 64
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