Currency Today

RR Financial Consultants

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Fundamental Analysis:

Rupee :


The rupee ended down Tuesday as so me large sell orders fro m two UK banks and then losses in European shares outweighs a late recovery in the local market. India’s currency dropped for a third day, the longest stretch in more than a month, as crude oil halted a decline. Fuel costs are set for the biggest annual increase since 1999, while India’s trade deficit widened in October to the most in almost a year Bullish

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