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Gold is trading at record highs, not just in the dollar terms but also in Indian rupee terms and also in Euro and in Pound Sterling as well. It has immediate target of Rs 18,300 per 10 grams, reports
The wall of liquidity that has been inundating the Indian financial market over the last few weeks has made the rupee appreciate not only against the dollar but against other currency majors
The Indian rupee ended off its lows as shares ended firm. Dollar's fall against the euro and the pound sterling also aided rupee to come off lows. The spot rupee ended slightly lower at Rs 48.50 per
The Indian rupee ended higher as banks sold dollars noting firm shares. Dollar's fall against euro and pound sterling also aided. But, dollar demand from oil companies and other importers may have
According to Subramaniam Sharma, Greenback Forex Services, the rupee is likely to see some strength on the back of gains in global equities and euro and pound. The range for the day is seen between
The rupee has never had a symbol and this is the reason why the Indian government has decided to invite designs from the Indian public and judge by the number of entries received.
The Indian rupee ended lower as banks bought dollars to meet month-end needs from importers. Banks also bought dollars noting its rise versus pound sterling. But, firm shares limited the fall.
According to Subramaniam Sharma, Greenback Forex, the rupee is likely to be firm on account of the strong rally in global equities and strength in euro and pound. Importer demand is expected around
The Indian rupee closed at 1-month low as banks persistently bought dollars for FIIs noting 4% fall in local shares and importers. Dollar's rise against pound sterling and euro also added to fall
The Indian rupee ended higher as shares ended firm and pound sterling touches 2009 high. Few exporters also sold dollars. But, dollar demand from importers limited the rise. The spot rupee ended
The Indian rupee ended at a 7-week high on FII inflows as shares ended up. Banks also sold dollars noting its weakness versus euro and pound sterling. But, importers' demand limited the rise
According to Subramaniam Sharma, Greenback Forex, the rupee is likely to be firm as euro and pound strengthen against the dollar. Positive sentiment coupled with expectation of strong FII flows
The rupee will be positive today after the recovery in Asian markets and gains in euro and pound, said Subramaniam Sharma.
According to Subramaniam Sharma, Greenback Forex, the rupee could gain marginally on strong euro and pound. Improved equity market sentiment will support the currency. Demand from importers