Currency

Code USD(Bid) INR(Bid) USD(Ask) INR(Ask)
USD 68.8950 68.9050
EUR 1.16151 80.0222 1.16158 80.0387
GBP 1.30413 89.8480 1.30423 89.8680
JPY 112.872 61.0360 112.876 61.0470
CHF 1.00089 68.8289 1.00096 68.8437
SGD 1.36859 50.3346 1.36874 50.3474
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USDINR opened at 68.71 against its close at 68.62. The pair opened higher on Thursday tracking dollar strength against other Asian currencies amid buying by oil importers, "Instability in the Asian currencies are dragging rupee weaker against the dollar. Chinese Yuan has the major role to play, with investors fearing along with coolness in Chinese economic growth there might be pickup in US economy. Foreign banks are seen buying in spot along with oil bids," said a dealer with private-sector bank. According to Cube Edugains, "Yesterday CNY slipped to 6.7150 and currently below 6.730 nearing to a years low on back of the comments by Trumps top economic advisor blaming China's president over stalemate to resolve trade war.......
Asian share markets were mostly firmer on Wednesday as a bullish outlook from the head of the U.S. central bank buoyed the dollar, lifted Tokyo shares to a one-month top and sent gold to a one-year trough.Gold Prices were slightly lower on Wednesday and hovered near a one-year low as the dollar strengthened.Oil prices dropped on Wednesday after an industry group reported that U.S. crude inventories rose last week, defying analyst expectations for a significant reduction.The Indian government will inject a total 113.36 billion rupees ($1.65 billion) in five state-run banks, including fraud-hit Punjab National Bank, in a week or so.......

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19 - Jul - 2018
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