Forex Market News

Indian Eupee Opens Flat At 64.42 Per Dollar

Indian rupee opens flat at 64.42 per dollar. The Indian rupee opened flat at 64.42 per dollar on Monday versus 64.43 Friday.Pramit Brahmbhatt of Veracity said, “We have a neutral stance on the USD-INR pair in absence of any directional cues and expect it to continue to trade in a range of 64.20-64.80/dollar.
According to Ajay Manglunia of Edelweiss, bond yields have been in a narrow range of late and in the absence of near-term triggers this trend should continue with a positive bias.We expect the 10-year benchmark bond yield to trade in a range of 6.46-6.51 percent today,” he added.
The dollar steadied against a basket of currencies after slipping on soft US economic data, with investors awaiting comments by a top Federal Reserve official for clues on whether recent strength can be sustained.
For Quick Trial – 8962000225 ✔
or mail us here:
✆ – 0731-6626222 | Toll Free – 1800-3010-2007
Give a Missed Call for Free Trial – 09699997717

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s