Forex Market News

USDINR – Ways2Capital

USDINR trading range for the day is 64.4-65.25. Rupee snapped three-day fall on buying by exporters, foreign banks and weighed by rise in odds of June Federal Reserve rate hike.
Meanwhile local shares ended mixed on profit taking offsetting buying by foreign institutional investors (FIIs). India’s merchandise exports grew in double digits in dollar terms for the third consecutive month in April.
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