Buy USDINR; target of: 73.30 - 73.40: ICICI Direct

Buy USDINR; target of: 73.30 - 73.40: ICICI Direct

Money Control

rupee big_26776720

ICICI Direct's currency report on USDINR

Spot Currency

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.

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