Forex Market News

USDINR Trading Range For The Day Is 64.34-64.66

Rupee strengthened as investors breathed a sigh of relief after the market’s favoured candidate, Emmanuel Macron, won the first round of the French presidential election. Rupee also gained on buying by foreign banks likely for foreign institutional investors and exporters demand amid weak dollar. India’s trade deficit widened to a four-month high of $10.44 billion in March following a surge in merchandise imports, government data showed.
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