USDINR trading range for the day is 66.46-66.8.
Rupee snapped an eight-day gaining streak on dollar demand from oil importers to meet month-end purchases amid buying by foreign banks.
India's current account deficit (CAD) narrowed to $8.2 billion (1.6 percent of GDP) in the September 2015 quarter. RBI says Gov't surplus cash balance with RBI for auction was 1.39tn rupees as of December 28
EURINR trading range for the day is 72.96-73.38.
Euro gained after the Christmas break, with nothing significant on the data front over the week apart from US jobless claims scheduled for Thursday. From euro zone perspective, the week offers up very little, with only adjusted Spanish retail sales and the Italian Manufacturing Confidence Index scheduled for Tuesday. The number of job-seekers in France declined in November, official data showed.
Rupee snapped an eight-day gaining streak on dollar demand from oil importers to meet month-end purchases amid buying by foreign banks.
India's current account deficit (CAD) narrowed to $8.2 billion (1.6 percent of GDP) in the September 2015 quarter. RBI says Gov't surplus cash balance with RBI for auction was 1.39tn rupees as of December 28
EURINR trading range for the day is 72.96-73.38.
Euro gained after the Christmas break, with nothing significant on the data front over the week apart from US jobless claims scheduled for Thursday. From euro zone perspective, the week offers up very little, with only adjusted Spanish retail sales and the Italian Manufacturing Confidence Index scheduled for Tuesday. The number of job-seekers in France declined in November, official data showed.
No comments:
Post a Comment