USDINR
On Fresh Week, We are expecting that the domestic unit (Rupee) commence the Monday session with a firm note between 74.20-74.30 levels against the greenback ahead of Paytm's IPO is all set to be launched on November 8, 2021, and is worth ₹ 18,300 crores, touted to be the biggest ever in India.
The excise duty on petrol has been reduced by 5 rupees per litter and that on diesel by 10 rupees per litre, the government of India said in a statement.
The dollar made a steady start to the week but was kept below Friday peaks, as currency traders seek a path between markets' volatile interest rate projections and central bankers vowing to keep rates low even as inflation surges.
India, Indonesia and the Philippines will join South Africa as the first recipients of a multibillion-dollar pilot programme aimed at accelerating their transition from coal power to clean energy, the Climate Investment Funds (CIF) said.
Day Trend: - UPSIDE SELL
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