On Friday , Domestic Currency likely to commence with positive note after ECB increased its emergency bond purchase keep greenback on back-foot. Yesterday USDINR start with weaker note at 75.6150/75.6250 and hit intraday lower levels at 75.3675/75.3750 before settled at 75.56/57.
Amazon.com is in early-stage talks to buy a stake worth at least $2 billion in mobile operator Bharti Airtel, three people with knowledge of the discussions told Reuters, in a move that could turbocharge India's digital economy.
India's biggest lender, State Bank of India, said on Thursday its board will meet on June 11 to consider raising funds in single or multiple tranches of up to $1.5 billion.
India's oil-to-telecoms giant Reliance Industries on Wednesday closed a $7 billion rights issue, India's largest ever, luring buyers in with a rare deferred payment offer.
INTRADAY RANGE - 75.05 ( 75.37 - 75.63 ) 75.89
GLOBAL CURRENCY HIGHLIGHTS
The euro fetched $1.1338 (EUR=), having risen to as high as $1.1362 on Thursday, its loftiest level in almost three months.
The ECB increased its emergency bond purchase scheme by 600 billion euros, more than 500 billion expected by markets, to 1.35 trillion and extended the scheme to mid-2021.
Against the yen, the common currency changed hands at 123.710 (EURJPY), having risen to a 13-month high overnight.
Swiss franc, another safe have currency, it hit a five-month high of 1.0861 (EURCHF) on Thursday and last stood at 1.0830.
The dollar index is on course for its third consecutive week of losses at 96.743, the lowest levels in nearly three months.
The Australian dollar (AUDUSD) , often seen as a risk proxy in the currency market, stood at $0.6947, having hit a five-month high of $0.6987 on Thursday.
The Hong Kong dollar (USDHKD) rose to 7.7500 per U.S. dollar, the strong end of its 7.75-7.85 trading band, for the first time since May 21, prompting the Hong Kong Monetary Authority to intervene in the market.
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