On Wednesday, USDINR expecting commences trade at par note. Yesterday domestic currency was stuck in range of 75.61 – 75.7950 levels against greenback.
India to help migrant workers leave cities, but infections mounts.
Hundreds of thousands evacuated as India, Bangladesh brace for super cyclone.
WeWork India lays off 20% of workforce as virus lock downs weigh.
INTRADAY RANGE – (75.55 – 75.77) 75.92
SENTIMENT
IMPORTER CAN COVER
EXPORTER WAIT
GLOBAL HIGHLIGHTS
Asia stocks under pressure as vaccine rally falters.
Gold Jumps as U.S. Braces for Losses From Risky Covid-19 Loans.
Euro maintains firm tone on EU joint recovery fund, yen soft.
Thai Baht is Asia’s Top Outperformed on Tourism Rebound Bet.
Indonesian Rupiah retreats from two-month highs as BI talks dovish.
Treasury-Beating Aussie Bonds Lure Japan Funds With Cheap Hedges.
Oil Up After Production Cuts Finally Pay Dividends But Demand Concerns Continue.
South Korea sets up $8.2 billion special purpose vehicle to stabilize bond market.
Venezuela's central bank has made a legal claim to try to force the Bank of England to hand over €930 million ($1.02 billion) of gold.
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