Thursday, 17 March 2016

Indian Rupees Update

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The Indian rupee gained past 67 a dollar in early trade Thursday on fall in US dollar post dovish FOMC statement. 


It has opened higher by 32 paise at 66.90 per dollar versus 67.22 Wednesday. 



 "A dovish FOMC statement weakened US dollar against all major currencies. Oil & gold prices saw upward movement."


 "We expect the USD-INR to trade in a range of 66.80-67.20/dollar," he added.

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