Rupee opens higher at 68.05 per dollar : 20.01.2017
USD-INR pair is expected to trade within a range of 68-68.20/dollar for the day, HDFC Bank.
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
The Indian rupee opened higher at 68.05 per dollar on Friday versus previous close 68.12. Bhaskar Panda of HDFC Bank said, "Data from US has been upbeat but one needs to keep an eye on the new US president and his policies. Confidence in India is on the mend." "In summary, the USD-INR pair is expected to trade within a range of 68-68.20/dollar for the day," he said. Treasuries slumped and the dollar slipped as investors await Donald Trump's inauguration for clues on whether his policies will boost growth in the world's largest economy.
USD-INR pair is expected to trade within a range of 68-68.20/dollar for the day, HDFC Bank.
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
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The Indian rupee opened higher at 68.05 per dollar on Friday versus previous close 68.12. Bhaskar Panda of HDFC Bank said, "Data from US has been upbeat but one needs to keep an eye on the new US president and his policies. Confidence in India is on the mend." "In summary, the USD-INR pair is expected to trade within a range of 68-68.20/dollar for the day," he said. Treasuries slumped and the dollar slipped as investors await Donald Trump's inauguration for clues on whether his policies will boost growth in the world's largest economy.