INSUBCONTINENT EXCLUSIVE:
It witnessed a low of 72.94 in day trade
In an early trade session, the local unit gained eight paise to 72.86 against the greenback
On Monday, January 25, the rupee had settled at 72.94 against the American currency.Meanwhile, the dollar index, which gauges the
greenback's strength against a basket of six currencies, climbed 0.25 per cent to 90.39
IMF's impressive projection about India's 2021 growth
The downtrend will continue as long as Fed remains accommodative, but any update from Powell about future tapering or delay in US fiscal
stimulus rollout will lead to a reversal in USDINR spot
US Federal Reserve is expected to continue with its ultra-lose monetary policy," said Saif Mukadam, Research Analyst, Sharekhan by BNP
Additionally, market participants are careful ahead of the progress on US stimulus package, Mukadam noted.The International Monetary Fund
the world to register double-digit growth this year amid the COVID-19 pandemic.On the domestic equity market front, the BSE Sensex ended
market opened lower and closed at the lowest point of the day on the back of consistent weakness in global markets as well as selling from
We are of the view that hot money is exiting ahead of the major event of the Union Budget
Technical Research at Kotak Securities.According to exchange data, the foreign institutional investors were net sellers in the capital
