The Indian
rupee opened stronger v/s the US dollar today after tracking gains in EURUSD
during the New York session on Friday. Gains were covered now and the rupee has
started losing against the greenback. At the time of writing USDINR is quoted
around 55.64 at the interbank market. The rupee may find some support at 56 zones.
The outlook for INR is weak and is likely to get directed by political
developments in the short term. Have a Watch
No comments:
Post a Comment