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While foreign fund flows into India are likely to be robust, Don Hanna does not expect a significant appreciation in the rupee.
We expect the rupee to trade in a range of 61.20-62.20/dollar today, says Pramit Brahmbhatt of Veracity.
The Indian rupee opened with marginal gains of 4 paise at 61.60 per dollar on Thursday versus 61.64 Wednesday.The Canadian dollar languished at its lowest in nearly six years early on Thursday
The Indian rupee opened lower by 11 paise at 61.82 per dollar on Tuesday against previous day's closing value of 61.71 a dollar.Ashutosh Raina of HDFC Bank said, "The earlier than expected rate
The Indian rupee continued its upward momentum on Monday as it opened higher by 23 paise at 61.64 per dollar versus 61.87 Friday.Agam Gupta of Standard Chartered said, "The inflows into India remain
On Thursday, along with RBIs repo rate cut, the Swiss National Bank unexpectedly scrapped its policy of capping the Swiss Franc against the Euro. Alvin T Tan, Currency Strategist at Societe Generale
The rupee is expected to gain and take cues from positive equities, says Pramit Brahmbhatt of Veracity.
The Indian rupee gained past 62 a dollar in early trade on Thursday as the Reserve Bank of India (RBI) slashed repo rate by 25 basis points to 7.75 percent.
The rupee movement today is expected to be in a narrow range aided by dollar sales by the custodian banks and exporters, says NS Venkatesh of IDBI Bank.
Indian rupee has opened higher by 19 paise at 62.48 per dollar versus 62.67 Thursday.
Ashutosh Khajuria does not see a flight of capital anytime soon. He also feels there wont be much of a turbulence of the dollar-rupee front, but the Indian currency may appreciate vis--vis the euro
The Indian rupee opened marginally higher at 63.51 per dollar on Wednesday against previous close of 63.57.The euro slips to a nine-year low against the dollar early as investors brace for Eurozone
The USD-INR pair has been relatively rangebound in the 63-63.50/dollar range. The rupee is likely to be in the 63-64/dollar range with suspected intervention expected to continue, says Ashutosh Raina
According to Angel Broking, Indian Rupee is exptected to depreciate as strength in the DX will act as a negative factor. Also, weak market sentiments owing to concerns in the Euro Zone will exert
The strengthening dollar will put pressure on the Indian Rupee. We expect it to trade between a range of 63.20-63.40/dollar, says NS Venkatesh of IDBI Bank.
The brokerage house, Karvy is expecting a low trading volume day with a bias for the Indian rupee to appreciate marginally.
The Indian rupee opened with marginal gain of 7 paise at 63.31 per dollar on Wednesday versus 63.38 a dollar on Tuesday.Himanshu Arora of Religare said, "USD-INR pair is expected to trade lower
The Indian rupee opened marginally lower at 63.72 per dollar on Tuesday as against previous day's closing value of 63.67 a dollar.Ashutosh Raina of HDFC Bank said, "The USD/INR pair has been fairly
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