Indian Rupee Opens higher at 63.65 per Dollar

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The USD-INR trading range for the day is 63.55-63.85, says Ripples Advisory Private Limited.

The Indian Rupee gained in the early trade on Thursday. It has opened higher by 4 paise at 63.65 per Dollar versus 63.59 Wednesday.

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The Rupee has settled in the 63.25-64 range and the next trigger can come from the Union Budget. The USD-INR trading range for the day is 63.55-63.85.

Bonds continue to trade on a negative note on account of higher oil prices, the expectation of higher CPI and rise in global bond yields.

The new 10-year benchmark’s expected trading range for the day is 7.24-7.27 percent.

The US Dollar on the backfoot on a report of China slowing down or halting the purchase of US Treasury yields.


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The stock market refers to any market arena where dealings of securities including equities, bonds, currencies, and derivatives occurs. Ripples Advisory Private Limited, Indore is the one who undertakes a wide range of competence, and our client’s services are boosts by our knowledge of regional risks and markets to inform the quirky financial, risk managing and regulatory appeals that they face.
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