Currency Today

Research report by 'RR Financial Consultants'
     
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Fundamental Analysis:

Rupee :


The rupee ended weaker on Wednesday, after the dollar’s rise against major currencies triggered demand for the green back fro m importers like oil refiners. “The dollar’s strength versus pound and euro raised some (dollar) demand fro m oil companies. I see the rupee trading in the range of 45.85-46.10 against the dollar on Thursday,. 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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