Forex Market News

USDINR Trading Range For The Day Is 65-65.24

USDINR trading range for the day is 65-65.24. Rupee traded in range on buying by nationalized bank on behalf of the oil importers and suspected RBI intervention to prevent appreciation.
Also the greenback continued the rally against its major player tracking the weakness in the euro, pound as a reaction to the Brexit process in Europe. An indicator signaling turning points in the Indian economy increased for the third successive month in February.
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