Currency

Code USD(Bid) INR(Bid) USD(Ask) INR(Ask)
USD 71.3400 71.3500
EUR 1.13056 80.6542 1.13059 80.6676
GBP 1.2928 92.2284 1.29285 92.2448
JPY 110.597 64.5027 110.6 64.5135
CHF 1.00414 71.0430 1.00418 71.0558
SGD 1.3564 52.5912 1.3565 52.6025
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USD/INR closed at 71.34 against its opening at 71.31. USD/INR ends up on FII outflow from local stock and oil bids. USD/INR extended gain to Rs 71.55 during intraday trades Monday on buying by nationalised banks on behalf of oil importers amid likely on overseas fund outflows from local stocks.The rupee was trading at 71.35 a dollar, down 0.18% from its previous close of 71.23. The currency Over the day, the spot pair traded in a range of Rs 71.15-71.55 Monday. Local stocks pared early gains Monday as optimism over positive global cues were negated by fund selling among heavyweight counters.Crude oil prices surged 3 months high on supply cut by OPEC and higher than expected by Saudi Arabia.......
The Reserve of India (RBI) will talk to lenders later this month about a pass-through on lower policy interest rates, said Governor Shaktikanta Das on Monday.Concerns over a full pass-through of lower interest rates to the real economy surfaced after Indian lenders lowered lending rates by only 5 basis points after a 25 basis point rate cut by the RBI in early February, raising questions on the efficiency of monetary policy transmission.“Transmission of rates is very important especially after the central bank announces a rate cut,” Das told reporters after its board meeting in the capital.......

EUR to INR


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