Today we are expecting that, Rupee start with weaker note against greenback. On Tuesday USDINR traded between 75.4875 – 75.74, Greenback getting demand on lower levels on FII regular selling in Indian share market.
India late on Tuesday increased its taxes and duties on petrol and diesel instead of passing on the benefit of lower crude oil prices to consumers.
INTRADAY RANGE – 75.30(75.48 – 75.84) 76.12
SENTIMENT – BUY ON DIP
GLOBAL HIGHLIGHTS
Euro slumps and yen gains as markets fret over global recovery trajectory.
Bank Indonesia’s Warijyo: Current rupiah exchange rate remains undervalued
Cable to Remain Range Bound Amid Brexit Uncertainty.
Indonesian Rupiah has recovered 50% of 2020 drop
WTI snaps five-day rise to revisit $24.00, EIA data eyed
U.S. stock futures, Chinese shares slip amid Sino-U.S. tensions
New Zealand’s Jobless Rate Rises As Virus Starts to Impede Economy
Trump Says U.S. Must Reopen Even If More Americans Get Sick, Die
Gilead Sciences Inc (GILD.O) said on Tuesday it was in discussions with chemical and drug manufacturers to produce its experimental COVID-19 drug remdesivir for Europe, Asia and the developing world through at least 2022.
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