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Market Outlook Against the US dollar, the India rupee depricated by 19 paise to open at 71.6500 and throughout the day hovered in the range of 72.0300 and 71.6100, ahead of the Reserve Bank of India’s policy review meet and a lower opening in the domestic equity markets. Against major Asian peers, the dollar rose[…]

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  Market Outlook In early trade the Indian rupee appreciated by 7 paise to open at 71.225 but soon capped all the gains and throughout the day hovered in the range of 71.5725 and 71.1150 against the US dollar amidst strengthening of the American currency, rising of crude oil prices and caution ahead of interim[…]

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Market Outlook The Indian rupee appreciated by 9 paise to open at 71.2500 against the US dollar mainly driven by weakening of the greenback in overseas markets after the US Fed kept interest rate unchanged. Beside this, fresh foreign fund inflows and positive opening in domestic bourses also bolstered the rupee up move. On the[…]

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Market Outlook Against the US dollar, the Indian rupee depreciated by 8 paise to open at 71.4125 amid rising crude oil prices and strengthening of the American currency. However, fresh foreign fund inflows and positive opening in domestic equities capped the losses for the domestic unit.On the flip side, dollar slid against major Aisan peers[…]

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Market Outlook Against the US dollar, the Indian rupee opened flat at 71.1125 amid strengthening American currency and rising crude prices. Moreover, lower opening of domestic equities also weighed on the local unit. On the other hand, dollar held near a two week low as as growing concern over the trade conflict between the US[…]

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Market Outlook The Indian Rupee apreciated by 5 paise to open at 71.1550 against the US dollar on account of easing crude oil prices and selling of the dollar by exporters supported the rupee, while a lower opening in domestic equity market restricted the uptrend.On the flip side, dollar rose slightly against major Asian peers[…]

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Market Outlook Continuing its upward journey for a third straight day, the rupee opened 3 paise higher at 71.1000 and hovered in the range of 71.2625 and 70.9575 against the US dollar on increased selling of the American currency by exporters and banks. Moreover dollar weakness against major Asian peers and early gains in domestic[…]

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Market Outlook Against the US dollar, the Indian rupee strengthens by 4 paise to open at 71.3375 on increased selling of the American currency by exporters and banks. Moreover, dollar weakness against its major Asian peers amid fears of a slowing global economy and US government’s record-long shutdown and early gains in domestic equity markets[…]