Code USD(Bid) INR(Bid) USD(Ask) INR(Ask)
USD 83.4325 83.4350
EUR 1.0761 89.7817 1.07653 89.8203
GBP 1.25456 104.6711 1.2548 104.6942
JPY 152.943 54.5264 153.013 54.5530
CHF 0.90482 92.1428 0.90547 92.2117
SGD 1.34894 61.7895 1.35027 61.8523
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The Rupee closed weaker even as the dollar index dipped, extending losses amid a fall in U.S. Treasury yields. The 2-year yield was at 4.88%, off 16 basis points of this week's high.The Korean won climbed 0.8% and the Indonesian rupiah advanced 0.6%, leading Asia higher. The offshore Chinese yuan, at 7.1824 to the U.S. dollar, was at its highest in nearly two months, while the Japanese yen was poised for its best week in one-and-a-half years amid central bank intervention. Sterling rose on Friday against a weakening dollar ahead of U.S. jobs data due later in the day, while local elections in Britain have left the currency undisturbed. The pound was last 0.15% higher against the dollar at $1.2555. After payrolls data, markets will be looking to the Bank of England's meeting next week for clues on when its policy easing could begin, Foley added. The BoE is widely expected to keep interest rates unchanged at 5.25% on Thursday, but with inflation slipping back towards target, a rate cut at the following meeting might be put on the table. Oil prices edged lower on Friday, on course for their steepest weekly loss in three months, as investors weighed weaker-than-expected U.S. jobs data and the timing of a Federal Reserve interest rate cut. Brent crude futures for July were down 29 cents, or 0.35%, to $83.38 a barrel at 11:30 a.m EDT (1530 GMT). U.S. West Texas Intermediate crude for June fell 37 cents, or 0.47%, to $78.58 per barrel.......
The US dollar weakened sharply against other major currencies after data showed that the US economy suffered a record contraction in Apr-Jun, while jobless claims rose in the week ended Saturday also rose.The US unit also extended its decline globally on Thursday after Trump raised the possibility of delaying presidential election in the US, scheduled for November.European Stocks ended lower on Thursday due to mounting concern over sluggish economic recovery and a possible second wave of the COVID-19 pandemic.Germany reported its worst decline in GDP since 1970, with the Eurozone’s largest economy shrinking 10.1% quarter-on-quarter in Apr-Jun.Corporate earnings were high on investors' agenda on Thursday.In the US, Most share indices ended lower on Wednesday following bleak economic data.Lack of progress in talks between Congressional Democrats, Republicans and the White House on a new coronavirus aid package also weighed on sentiment.Gold futures settled lower on Thursday after nine consecutive days of gains, with the bullion retreating from a record rally as traders booked some profit.......

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