Forex Market News

USDINR Trading Range For The Day Is 64.38-64.82

Rupee rose on persistent selling of the greenback by banks and exporters on the back of lower dollar overseas. Further buying by the Reserve Bank of India at around Rs 64.22-64.23 to shore up its FX reserve would further limit the fall in the currency pair.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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