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to be long INR and short Euro, short Yen, any of the other currencies that were weaker than the rupee. Now is the time to take profit and there were very good reasons why that profit is getting taken over
The Indian rupee declined in the opening trade on Monday. It has slipped by 21 paise at 62.50 per dollar against 62.29 Friday.The dollar cut its losses against the euro, extended gains against
The Indian rupee opened on flat note at 61.93 in the early trade on Thursday. It has closed at 61.91 Wednesday.The euro fell to two-year lows on expectations the European Central Bank
The Indian rupee slipped by 21 paise in the early trade on Monday. It has opened at 62.23 per dollar versus 62.02 on Friday.The Swiss franc slipped against the euro early today after the Swiss
The Indian rupee opened flat at 61.90 per dollar on Tuesday against previous day's closing value of 61.94 a dollar.The euro clings to modest gains having benefited from a short squeeze following
We expect the rupee to trade in a range of 61.65-61.95/dollar, says Agam Gupta of Standard Chartered Bank.
against the US dollar.Yen too has been depreciating but rupee according to him has been strong amongst the Asian currencies. Euro according to him may not go down as far as yen from the current levels
Moneycontrol BureauContinuing its downward spiral, the rupee could weaken to the levels of 63-64 against the dollar by end of March 2015, says brokerage house Emkay Global.Emkay's latest assessment
The Indian rupee opened lower at 62.03 per dollar versus 61.96 Wednesday.The rupee weakened past Rs 62 per dollar for first time since March 4, 2014.The yen slid, striking seven-year lows against
The rupee will have an appreciating bias during trade today and is expected to trade between Rs 61.50-61.70/dollar, says NS Venkatesh of IDBI Bank.
The rupee has been trading in the 61-62/dollar range and the October trade deficit of USD 13.25 billion doesn't look heartening. However, strong FII/FDI flows should help the rupee, says Ashutosh
The Indian rupee opened marginally lower at 61.35 per dollar on Wednesday against 61.40 on Monday.The currency market was shut on Tuesday on account of Muharram.The dollar nursed modest losses
Rupee is expected to trade firm, although strength in dollar could cap upside moves in rupee altogether. Range for the USD-INR seen between Rs 60.80-61.80/dollar, says Pramit Brahmbhatt of Veracity.
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.
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