Currency

Code USD(Bid) INR(Bid) USD(Ask) INR(Ask)
USD 71.2750 71.2850
EUR 1.13668 81.0169 1.13675 81.0332
GBP 1.28874 91.8549 1.28884 91.8750
JPY 109.596 65.0319 109.6 65.0434
CHF 0.99753 71.4479 0.99758 71.4615
SGD 1.3592 52.4312 1.3594 52.4463
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USD/INR closed at 71.2750 against its last opening at 71.36. USD/INR traded on Monday on overseas fund inflows into local stocks, ends up on oil bid.On Monday, according to National Bureau of Statistics official data, Chinese economy grew at 6.4% in the fourth quarter of 2018, lowest since the global financial crisis in 2008, while it grew at 6.6% in 2018.However, Japanese yen plunged against US dollar as globally risk-sentiments improved following signs of easing Sino-US trade war.Reports showed Chinese officials offered to increase imports of goods and services from the US by more than $1 trillion over a period of six years, potentially eliminating its trade deficit with US by 2024.......
China’s economic growth cooled slightly in the fourth quarter from a year earlier as expected, weighed down by weak investment and faltering consumer confidence as Washington piled on trade pressure, leaving 2018 growth the weakest in 28 years.Fourth-quarter gross domestic product (GDP) grew at the slowest pace since the global financial crisis, easing to 6.4 percent from 6.5 percent in the third quarter, data from the National Bureau of Statistics showed on Monday. Analysts polled by Reuters had expected 6.4 percent.That left full-year growth at 6.6 percent, the slowest rate of expansion China has seen since 1990. Analysts polled by Reuters had expected it to cool to 6.6 percent from a revised 6.8 percent in 2017.......

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