Currencies
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Rupee Turns Positive for 2019 Against US Dollar
Gold Silver Reports (GSR) – Indian rupee on Tuesday turned positive for 2019 against US dollar as foreign investors continued to buy in equities and debt ahead of general elections. At 9.15 am, the rupee was trading at 69.71 a dollar, up 0.24% from its previous close of 69.89. The home currency opened at 69.75 a dollar and touched a high of 69.69.
NZ Dollar Falls as Aussie Consumer Sentiment Weakens
The New Zealand dollar fell, dragged lower with the Australian dollar on signs consumer sentiment is weakening across the Tasman.
USDINR Tips – Below 70 Target 69.10—68.80 – Neal Bhai Reports (NBR)
USDINR Tips – Below 70 Target 69.10—68.80 – Neal Bhai Reports (NBR)
U.S. Dollar Will Remain Relatively Elevated in Coming Months, Says Nab’s Attrill
U.S. Dollar Will Remain Relatively Elevated in Coming Months, Says Nab’s Attrill
Rupee likely to Depreciate Further to 78 Against US Dollar in 2019
Gold Silver Reports (GSR) – Annual Commodity and Currency Report 2019, this is expected to be a “mixed year” for the commodities and currencies market and the rupee may depreciate further on account of twin deficits.
Rupee Trades Higher Against US Dollar
Gold Silver Reports (GSR) – Indian rupee along with Asian currencies on Thursday strengthened as dollar held steady amid optimism about improvements in the China-US trade relations.