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Dollar weakness against global majors may not impact rupee significantly due to reduced custodial flows, says Mohan Shenoi of Kotak Mahindra Bank.
Vivek Chaand Sehgal says there is no reason to be unduly concerned about the rupee versus the euro scenario considering that most of Motherson Sumi's manufacturing takes place in EU. At the most
The third quarter has been the best quarter for the US dollar and a lot of its strength has come against the euro. The dollar-yen has run out of steam, which is giving support to emerging market
Rupee had the added advantage of bunched up inflows, which could not come in over the last six days.
The dollar rally is impacting rupee to some extent. The rupee is expected to trade today in a range of 61.60-62/dollar, says Mohan Shenoi of Kotak Mahindra Bank.
The Dollar rally is impacting rupee to some extent. The rupee is expected to trade today in a range of 61.60-62/dollar, Kotak Mahindra Bank.
The rupee is expected to trade in a range of 60.85-61.25/dollar today, says Mohan Shenoi of Kotak Mahindra Bank.
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.
Moneycontrol BureauBrokerage house Emkay Share & Stock Brokers feels a combination of global events, slower-than-expected GDP growth and a fairly valued rupee could drag the currency down to 63
The rupee is likely to trade in the range of 60.75-61.15/dollar for the day, says Agam Gupta of Standard Chartered.
The US dollar ended lower against the rupee at 60.65/66 per dollar and the Pound Sterling also finished lower at Rs 98.34/36 per pound at the close of the Interbank Foreign Exchange Market today.
Rupee is expected to trade rangebound to slightly weak tracking the local equity movement. See a range of 60.50-61.50/dollar, says Pramit Brahmbhatt of Veracity.
The rupee had depreciated against dollar despite crude prices falling below USD 100/bbl. This trend is also expected to pause today. The rupee is expected to trade today in a range of 60.60-61/dollar
in euro and sterling eased the dollar gains marginally. The dollar index is just holding above the 84 mark.Also Read - Expect rupee to be supported at 60.25-60.40/USD: JPMorganHimanshu Arora, Currency
assume that there is another 10 percent movement in the euro, roughly what is the sensitivity, we have spoken about the sensitivity of the rupee on the margins, the way it moves, can you tell us for euro
Strong FII flows and suspected Central Bank intervention have ensured that rupee consolidates in 60-61/dollar range, says Ashutosh Raina of HDFC Bank.
Pramit Brahmbhatt, Veracity expects the rupee to trade range bound to slightly weak. "The range for the day is seen between 60.20-61/USD," he adds.
The Indian rupee opened flat at 60.46 per dollar versus 60.48 Wednesday.The euro holds on to modest gains against the dollar, having pulled up from one-year lows as investors booked some profits
The Indian rupee opened marginally lower at 60.58 per dollar on Tuesday as against previous day's closing value of 60.52 a dollar.Ashutosh Raina of HDFC Bank said, "The better than expected GDP
"Expect rupee to trade in the range of 60.35-60.70/dollar, says Agam Gupta of Standard Chartered.
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