Forex and Dollar
Content
Forex and Dollar
The dollar index, a gauge of six major global rivals, was up by 0.30 per cent. Pramit Brahmbhatt, eracity eracity !roup, "#$ said% &'upee traded wea( and depreciated almost fifty paise ta(ing cues from wea( local e)uities. *lso, *lso, fresh buying of the dollar by exporters and ban(s further dented the rupee. The trading range for the spot rupee is expected to be within +.-0 to +3.-0. /ome have suggested that the 'B intervened in forex mar(ets on 1riday. &The 'eserve Ban( of ndia apparently bought dollars in the spot mar(et and may have pic(ed up close to 2 00 million through intervention in the spot foreign exchange mar(et today4wee(ly 'B reserves data will be released today evening, said /uresh 5air, 6irector, *dmisi 1orex ndia.
The dollar index, a gauge of six major global rivals, was up by 0.30 per cent. Pramit Brahmbhatt, eracity eracity !roup, "#$ said% &'upee traded wea( and depreciated almost fifty paise ta(ing cues from wea( local e)uities. *lso, *lso, fresh buying of the dollar by exporters and ban(s further dented the rupee. The trading range for the spot rupee is expected to be within +.-0 to +3.-0. /ome have suggested that the 'B intervened in forex mar(ets on 1riday. &The 'eserve Ban( of ndia apparently bought dollars in the spot mar(et and may have pic(ed up close to 2 00 million through intervention in the spot foreign exchange mar(et today4wee(ly 'B reserves data will be released today evening, said /uresh 5air, 6irector, *dmisi 1orex ndia.
