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Buy US$INR April fut;target of 66.46-66.65: ICICIdirect

Discussion in 'Indian Stocks' started by ritugautam, Apr 22, 2016.

  1. ritugautam

    ritugautam New Member

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    ICICIdirect.com has expect the US dollar to garne buying support on decline against the rupee.Utilise declines in the US$/INR April contract to Buy target of 66.46-66.65.The rupee weakened against the US dollar, as traders seemed to be squaring off positions ahead of the outcome of the ECB’s meeting. Importers’greenback bids also trimmed gains from FIIs inflows.

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