DATE: Wednesday, 25th November 2015
USD/INR: as on 24th November, 2015
The rupee rose by 15 paise on Tuesday to end at 66.3250 against the US dollar on fresh selling of the American currency by banks and exporters on the back of lower greenback in overseas markets. The local currency opened higher at 66.37 as against yesterday's level of 66.47 at the Interbank Foreign Exchange (Forex) market and firmed up further to 66.3150 before ending at 66.32, showing a gain of 15 paise or 0.23 per cent.
USD/INR as on 24th November, 2015
Highest till date: 68.85 on 31st August, 2013
Forward premium (%) as on 24th November, 2015
USD/INR Cash/Tom/Spot Levels: (in Paisa)
(Updated as on 25th November 2015, @ 10.00 am )
*Cash/Spot: ------/------ Cash/Tom: ------/------
Tom/Spot: ------/------ Spot/Next: ------/------
Cash Date: 25th November, 2015
Tom Date: 27th November, 2015
Spot Date: 27th November, 2015
*Mumbai market is closed today on account of Guru Nanak Jayanti.
MAJOR WORLD CURRENCIES: as on 24th November, 2015
USD: The dollar trimmed losses against the other major currencies on Tuesday, despite the release of a weak U.S. consumer confidence report, as data showing that the U.S. economy grew more than initially estimated in the third quarter supported the greenback. The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was steady at 99.78, close to Monday's eight-month peak of 100.06.
EUR: EUR/USD inched up on Tuesday, as currency traders digested further signals of heightened geopolitical instability after Turkey downed a Russia jet on the Syrian border. The currency pair traded in a tight range between 1.0619 and 1.0673 before settling at 1.0640, up 0.0005 or 0.05% on the session.
GBP: Sterling weakened against its American counterpart on Tuesday after Bank of England Governor Mark Carney said that he did not know when interest rates should start to rise. GBP/USD traded in a narrow range of 1.5051 and 1.5155 before consolidating at 1.5083, showing a loss of 0.40 percent.
GOLD: Gold languished near its lowest level in nearly six years on Tuesday, on a strong dollar and increasing expectations that the Federal Reserve would increase U.S. interest rates next month.
Outlook for the day (25th November, 2015)
Mumbai market is closed today on account of Guru Nanak Jayanti. US dollar is expected to weaken against the Majors.
MAJOR WORLD CURRENCIES:
as on 24th November, 2015
(Updated: 17:30 hrs. on 24th November, 2015)
1 EUR =
1 GBP =
100 JPY =
1 AUD =
1 CHF =
(Updated: 17:30 hrs on 23rd November, 2015)
(As on 24th November, 2015)
Major Economic Data Releases for the Day
Autumn Forecast Statement
Core Durable Goods Orders
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