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The Indian rupee has seen stable appreciation since September but unless there is better inflation move, more reforms and more inflows providing some support to the market, India may not have any
Expect the rupee to trade in a range of 60.70-61/dollar for the day, says Agam Gupta of Standard Chartered.
Agam Gupta, Standard Chartered said, "Expect the Rupee to open at 60.85/USD and trade in a range of 60.70-61/USD for the day. Expect local banks to buy the USD below 60.80, hence putting a floor
Ray Farris said the rupee could outperform other emerging market currencies, on the back of an improving current account deficit, declining inflation, combined with pick up in growth and equity
Gains in Asian equities and some exporters selling may limit further losses. Expect rupee to be ranged between 60.60-61.40/dollar, says Pramit Brahmbhatt of Veracity.
Reduction in FIIs inflows coupled with profit booking in local equities may pressurise rupee, says Pramit Brahmbhatt, Veracity.
ICICIdirect.com expects the US dollar to garner buying support on declines against the rupee. One can utilise declines in the US$/INR September contract to buy for target of 61.20-61.40, says
The rupee is expected to trade in a range of 60.80-61.20/dollar today, says Mohan Shenoi of Kotak Mahindra Bank.
Dollar is expected to mildly strengthen against the rupee, says Mohan Shenoi, Kotak Mahindra Bank.
Sushil Finance's report on rupeeThe dollar index, a measure of the greenback's value against six major currencies, was on track for its first weekly loss in 10 weeks. Since May, the index has gained
the reportWill a stronger US Dollar pressure the rupee?We continue to expect the RBI to hold Rs 58-62/USD for now even though the USDollar has strengthened below 1.30/Euro. Rising FII equity inflows, at US$
Rupee is also expected to appreciate with the support of strong local equities. Range for the rupee seen between 60.60-61.40/dollar, says Pramit Brahmbhatt of Veracity.
The range for the rupee seen between 60.60-61.40/USD, says Pramit Brahmbhatt, Veracity.
ICICIdirect.com expects the US dollar to garner buying support on declines against the rupee. One can utilise declines in the US$/INR September contract to buy for target of 61.20-61.45, says
Karvy's report on rupeeAsian markets are trading on a mixed to negative note after the US markets closed flat at 1984.13 in Monday's trade. Mixed economic data from the US managed to sustain
Ananth Narayan of Standard Chartered Bank maintains a cautious stance on the rupee in spite of numerous positives such as narrowing of trade deficit data, declining oil prices, increase in FII flows
Expect the rupee to trade in a narrow range of 60.80-61.50/dollar till the outcome of the FOMC meeting, says Ashutosh Raina of HDFC Bank.
Expect the Rupee to trade in a narrow range of 60.80-61.50/USD till the outcome of the FOMC meeting, says Ashutosh Raina, HDFC Bank.
The Indian rupee was seen weakening to 61.17 levels after exhibiting a gap-up opening today in light of Fridays weak industrial data, high import dollar demand and a negative slant in the equity
The Indian rupee breached 61 level, hitting a four-month low on the bank of weakness in equity markets and increased demand for dollars overseas. It was down 42 paise to 61.07 a dollar (at 16 hours
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