The Indian rupee opened marginally lower by 5 paise at 67.17 per dollar on Tuesday versus 67.12 Monday.
"The robust non-farm payroll number has triggered a global risk-on rally, as concerns about US economy losing momentum have been set aside.
This coupled with expectations of more stimulus measures around the world has resulted in risk rallies across and EM currencies reacting higher against dollar."
"The USD-INR pair is expected to trade in the 66.90-67.50/dollar range with an appreciating bias," he said.
For More Information Stock advisory company indore,stock market news,stock advisory tips,Best stock advisory company in indore,Nifty Future Tips,currency Tips,Stock Option Tips, F&O Tips,Nifty Option Tips,Bullion tips And call us :-9827808090.
"The robust non-farm payroll number has triggered a global risk-on rally, as concerns about US economy losing momentum have been set aside. 
No comments:
Post a Comment