Rupee opens flat at 66.72 per dollar:8.11.2016
The USD-INR pair continues to trade in the 66.50-67/dollar range with intervention keeping it in a very tight range, as FCNR redemptions continue, HDFC Bank.
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
The Indian rupee has opened flat at 66.72 per dollar on Tuesday against previous close 66.74. HDFC Bank said, "The countdown to the US Presidential Election results continues. The FBI announcement helped risk assets with dollar index moving higher and equities rallying across globe." "The USD-INR pair continues to trade in the 66.50-67/dollar range with intervention keeping it in a very tight range, as FCNR redemptions continue," he said. The dollar jumped after Democratic party candidate Hillary Clinton gets eleventh-hour election boost . The dollar strengthened for the first time in seven days against it peers after FBI's decision to absolve Hilary Clinton boosted demand for riskier assets.
The USD-INR pair continues to trade in the 66.50-67/dollar range with intervention keeping it in a very tight range, as FCNR redemptions continue, HDFC Bank.
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
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The Indian rupee has opened flat at 66.72 per dollar on Tuesday against previous close 66.74. HDFC Bank said, "The countdown to the US Presidential Election results continues. The FBI announcement helped risk assets with dollar index moving higher and equities rallying across globe." "The USD-INR pair continues to trade in the 66.50-67/dollar range with intervention keeping it in a very tight range, as FCNR redemptions continue," he said. The dollar jumped after Democratic party candidate Hillary Clinton gets eleventh-hour election boost . The dollar strengthened for the first time in seven days against it peers after FBI's decision to absolve Hilary Clinton boosted demand for riskier assets.