Buy USDINR; target of: 73.30 - 73.40: ICICI Direct
ICICI Direct's currency report on USDINR
Rupee continue to strengthen and closed near 4 month highs in the last session appreciating by 5 paise. It also closed below 73 levels amid continued flows seen in domestic equities. GBPUSD pair rose to 1.3746, touching the highest level since May 2018. The Dollar index slipped against all Group-of-10 peers amid heightened global risk appetite.