Showing posts with label 09.02 AM. Show all posts
Showing posts with label 09.02 AM. Show all posts

Rupee opens marginally higher at 67.02 per dollar : Aug 26, 2016, 09.02 AM


Rupee opens marginally higher at 67.02 per dollar  : Aug 26, 2016, 09.02 AM
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Rupee opens marginally higher at 67.02 per dollar

We expect the rupee to remain rangebound,

The Indian rupee opened marginally higher at 67.02 per dollar on Friday versus previous close of 67.05.

We see no major trigger for the currency movement. The Fed has maintained the status quo in yesterday's speech.

We expect the rupee to remain rangebound."

 Dollar slipped marginally as some investors squared positions before the annual global central bankers' gathering in Jackson Hole, wyoming, where Federal Reserve Chair Janet Yellen may offer new guidance on US monetary policy.

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Rupee opens marginally higher at 67.09 per dollar : Aug 25, 2016, 09.02 AM

Rupee opens marginally higher at 67.09 per dollar : Aug 25, 2016, 09.02 AM


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 We expect the USD-INR pair to trade between 67-67.25/dollar for the day

The Indian rupee opened marginally higher at 67.09 per dollar on Thursday versus previous close of 67.11.

 "Global currency markets are cautious and rangebound ahead of Yellen's Jackson Hole speech as it could give clues on US Fed rate hike."

"Rupee is marginally weaker in-line with other EM currencies. We expect the USD-INR pair to trade between 67-67.25/dollar for the day,"

 Dollar held steady led by uncertainty ahead of a meeting of central bankers at Jackson Hole on Friday.

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