Currency

Code USD(Bid) INR(Bid) USD(Ask) INR(Ask)
USD 67.0575 67.0675
EUR 1.1195 75.0709 1.1201 75.1223
GBP 1.31358 88.0854 1.31386 88.1173
JPY 101.81 65.8330 101.86 65.8752
CHF 0.9771 68.5379 0.9784 68.6393
SGD 1.35822 49.2990 1.36022 49.3790
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USDINR closed at 67.0575 against its opening of 67.02. USDINR closed little changed as investors await Federal Reserve Chair Janet Yellen's speech due later today, set to start later in the day. In overseas markets, dollar remained in a range ahead of Fed Chair Janet Yellen speech at Jackson Hole Summit today. Given the recent hawkish statements from slew of Fed officials, market is looking for more clarity on timing of Fed rate hike from Yellen speech. US Commerce Department released a report Thursday before the start of trading showing a stronger than expected rebound in durable goods orders in the month of July. The Commerce Department said durable goods orders......
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Asian stocks edged higher but clung to recent well-worn trading ranges while the dollar held firm against regional currencies ahead of a speech by Federal Reserve Chair Janet Yellen at a global central bankers' meeting. The People's Bank of China has reiterated to banking circles that its monetary policy bias to provide reasonable ample liquidity is unchanged as it nudged the financial system to align lending maturities and avoid a mismatch with short-term, particularly overnight, funds, sources said. Gold prices drifted lower in early Asia on Thursday in cautious trade as investors await views from the U.S. Fed chief at the end of the week to set the tone on chances of a rate hike this year. The yen trended down in Asia after corporate services price data ......
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