Sunday, 1 May 2016

INDIAN RUPEE NEWS 01 May 2016

The rupee is likely to extend consolidation over the coming week, with softness in dollar strength aiding the currency. US Jobs data will be eyed, as the Fed, in its last week's policy, remained non committal on path of future rate trajectory.
We expect the USD-INR to be ranged between Rs 66.05-66.85/USD this week.


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