Currency Today

Research report by 'RR Financial Consultants'
     
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Fundamental Analysis:

Rupee :

Last week rupee ended lower at 45.85 reversing early gains on account of rise in USD against majors on back of weaker US Data. The slugging performance of local equity market adds to the jitter. The coming week looking  at subdue performance of regional currency .FIIs  exit the market on account of profit booking resulting in some pressure in rupee. The rupee has climbed 2.6% since December 31 to its recent high Neutral.


   
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