Forex Market News

USDINR – Ways2Capital

USDINR trading range for the day is 64.61-64.99. Rupee gains against the dollar on buying by foreign banks likely for exporters, remittance flows amid weakness in greenback.
Support also seen after better than expected cutoff at Reserve Bank of India’s weekly bond auction.Activity in India’s dominant service sector expanded at its fastest pace in eight months in June as new business orders surged.
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