Currency Today

RR Financial Consultants

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Fundamental Analysis:

Rupee :


The rupee ended weaker on Wednesday tracking lower Asian peers and losses in other regional share markets. The rupee ended at 46.77 against the dollar, weaker than its close of 46.66 on Tuesday. The dollar held at a two-month high against the yen on Wednesday, keeping up the firmer tone it has developed recently. Neutral

Dollar Index:. This index is headed towards the next target of 79 in the coming week and will result in weakness in the world stock markets. Its supports seem near 75-75.20

(Dollar Index – 77) Bullish

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