Currencies

Rupee continued its dream run on 02-Aug-2017 as rupee value fell below 64 mark for the first time since august 2015  to 63.70 on back of selling by exporters and banks. Today RBI went on to cut the rate by 25 bps which also aid this move. USD/INR – US Dollar Indian Rupee …

Rupee continued its dream run on 30-Mar-2017 to close at 64.91 on back on continued foreign inflows enough the dollar gain against few emerging market currencies. Rupee was below 65– Mark for the first time in 17 months. USD/INR – US Dollar Indian Rupee

Dream run for the Rupee continued on 16-Mar-2017 as well to reach 65.41 against the US dollar on the back of dovish comments by US FED on future interest rate enough there was 25 bps rate hike on 15-Mar-2017. USD/INR – US Dollar Indian Rupee

Rupee today appreciated to 65.69 against US dollar which is 16 month high price on the back of strong show by BJP in the state elections which will be bring imports and foreign trips cheaper. USD/INR – US Dollar Indian Rupee