Currency Derivative Evening Note Today rupee traded range bound - TopicsExpress

Currency Derivative Evening Note Today rupee traded range bound after a gap down opening, taking cues from local equities which traded flat throughout the day and ended near yesterdays closed, the greenback had a minor change against the six major rivals on Tuesday as market awaited for the outcome of the FOMC meeting, that expected for a small reduction in the stimulus program. The trading range for the spot USDINR pair is expected to be within 63.00 to 64.00.

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