(pok) overnight. This is the biggest drop in the rupees in a month.
The local department initially opened at 84.63 and praised the 84.47 deal in early transactions. However, importers, worried that the tension will continue,
Hedge their imports. Local sectors fell in the day, down nearly 50 paise at 84.94 in afternoon trading. But, it
Some losses were recovered at the end of the deal after state-owned banks sold the U.S. dollar on behalf of the Reserve Bank of India (RBI). according to
Trader, the RBI presence ensures that the rupee remains in the area
84.45 to 84.95 during the day.
On that day, Asian currencies were lower, the marine element of human dollar fell to 7.22, and a small amount of Indonesian Ruby fell by 0.5%.
Investors await the Fed's policy decision later that day. The benchmark interest rate is expected to change, but the market
We will look forward to a press conference of Federal Reserve Chairman Fed Chairman Powell.
Finrex financial advisor Finance Head Anil Bhansali: “With India closure, the scope is expected to be between 85.30 and 86.30 tomorrow
The airport is fighting, ready to take any revenge. Reports of Pakistan's non-retaliation clashed, and it was a buzz in the market. It's one
Wait and observe everyone's situation. Exporters should start hedging to some extent
84.50 unless the situation is reduced. ”
Meanwhile, the US dollar index measures the green strength of Green Hostal currency, and its trading price rose by 0.23
Cent 99.46.
The Indian rupee was under pressure at 84.82 on Wednesday and under pressure from 38 Paise, the Indian Defense Forces launched a targeted strike against the terrorist hidden agency within Pakistan, where Pakistan occupied Kashmir (POK) overnight. This is the biggest drop in the rupees in a month.
The local department initially opened at 84.63 and praised the 84.47 deal in early transactions. However, importers fear tensions will continue to hedge their imports. Local sectors fell in the day, down nearly 50 paise at 84.94 in afternoon trading. However, after the state-owned bank sold the dollar on behalf of the Reserve Bank of India (RBI), it recovered some losses at the end of the deal. According to traders, the presence of the RBI ensures that the rupee remains between 84.45 and 84.95 during the day.
On that day, Asian currencies were lower, the marine element of human dollar fell to 7.22, and a small amount of Indonesian Ruby fell by 0.5%.
Investors await the Fed's policy decision later that day. The benchmark interest rate is not expected to change, but the market will look forward to a press conference of Federal Reserve Chairman Powell.
Finrex Finance Advisor Finance Minister Anil Bhansali: “The scope for tomorrow is expected to be between 85.30 and 86.30 as India closes airports and is fighting for any retaliation. Reports of Pakistan no longer retaliation continue to retaliate, and in the market they should be waiting and closing the situation. Relegation.”
Meanwhile, the U.S. dollar index measures the strength of the six currencies of Green Guard, and its trading price rose 0.23% to 99.46.
