Currency Today
    (RR Financial Consultants)
Summary

Fundamental Analysis:

Rupee :

The rupee ended near its lo west in seven-weeks on Mo nday, unable to sustain a boost from the share market turning around early losses  and as the dollar lost ground against major currencies.(IND:46.70)Neutral.

Dollar Index: The USD index closes at 80.22.It is the crucial level now the next level above 80.86 can be 82.  The upswing in index indicates the strength in dollar against major currencies and thus affecting the US equity market . As it sh are inverse correlation with equity.

 (Dollar Index – 80 .30)bullish

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