Forex Market News

USDINR trading range for the day is 64.31-64.57

Rupee ended with gains tracking weak dollar as independent centrist Emmanuel Macron’s win at the French presidential election eases fears. Finance Minister Arun Jaitley underscored that the Goods and Services tax(GST) is unlikely to impact inflation.Under Governor Urjit Patel, the Reserve Bank of India (RBI) will target inflation of 4 percent, three officials familiar with its thinking said.
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