Tag: aversion

The possibility of weakening of the rupee due to the strengthening of the dollar, risk aversion in the markets; USDINR pair to trade in this range

[ad_1] Indian Rupee There is a possibility of depreciation on Thursday amid strengthening dollar, risk aversion in domestic, global markets. “The rupee is likely to open the day near the sticky levels of 77.60 and another narrow day is expected between 77.45 to 77.80,” experts said. The rupee had recovered from its record low against […]

Rupee may weaken on higher crude oil prices, risk aversion in markets; USDINR pair will trade in this range

[ad_1] Indian Rupee Amid higher crude oil prices, a firmer US dollar and risk aversion in domestic markets, further downside is likely on Wednesday. Today the focus will be on manufacturing PMI numbers from US, Euro zone and UK. Better-than-expected economic data could boost gains for the dollar, according to experts. In the previous session, […]

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