Currency Today

RR Financial Consultants

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Fundamental Analysis:

Rupee :


India’s rupee weakened to its lo west in more than three weeks on speculation

importers bought dollars to settle month-end bills .  The currency fell after Indian stocks slid the most in three months, taking the benchmark index to its lowest level since November, on concern the central bank will raise cash reserve requirements Neutral.

Dollar Index:. The index will move within  a range of 77.20—78.10 in the coming week. The trend in neutral on the daily chart  Its supports seem near 75-75.20  (Dollar Index – 77.18) Neutral

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