top of page
  • Writer's picturefxmethods

USDINR OPENED @ 69.37/38


  • On Tuesday , USDINR opened 4 pips firm @ 69.37/38.

  • Easing crude prices helped in restricting the slide in the Indian unit to some extent.

  • India 10 year bonds yields in range bound.

  • China backtracked on substantial commitments it made during trade talks with the United States, prompting President Donald Trump to impose additional tariffs on Chinese goods slated to go into effect on Friday, top U.S. trade officials said on Monday.

INTRADAY RANGE - 69.10 ( 69.29 -69.47 ) 69.66


  • On Monday , The rupee depreciated by 18 pips to 69.4750 against the US dollar on increased demand for the US currency from importers and weak opening in domestic equities.

  • In interbank market on Monday , rupee opened firm at 69.29/30 levels then depreciate up to 69.4750/4850 levels against greenback.




12 views0 comments

Comments


bottom of page