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Mr. Anuj Gupta DVP Commodities and Currencies Research, Angel Broking Ltd on Rupee

Posted On: 2020-05-12 17:42:46


"Today Rupee appreciated by 0.25% to 75.55 levels. Weakness in dollar due to dovish data comes from the USA and indication of negative interest rate by FED supports the Indian Rupee. However, no sign of a positive outcome from the US China trade deal may be negative for the market. We expect Indian Rupee may further appreciate towards 75.00 to 74.80 levels."


Source: Equity Bulls

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