Forex Market News

USDINR – Ways2Capital

USDINR trading range for the day is 67.7-68.33.
Rupee snapped two-day gains as the dollar rose to four-month high against major currencies amid likely outflows from local stocks.
Dollar rose to four-month high tracking sharp surge in US Treasury yields as they climbed to their highest levels since 2011.
Reports showed that Finance Ministry officials will meet officials from nationalised banks to discuss ways to revive demand for government securities.
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