DATE: Friday, 24th April 2015
USD/INR: as on 23rd April, 2015
USD/INR as on 23rd April, 2015
Highest till date: 68.85 on 28th August, 2013
Forward premium (%) as on 23rd April, 2015
The rupee today plummeted to an over three-month low of 63.32 by losing 50 paise against the US dollar on renewed demand for the American currency from banks and importers amid foreign capital outflows in the equity market. The domestic currency today opened lower at 62.95 as against the last closing level of 62.82 at the Interbank Foreign Exchange and dropped further to 63.34 before concluding at 63.32, marking a loss of 50 paise.
USD/INR Cash/Tom/Spot Levels: (in Paisa)
(Updated as on 24th April, 2015, @ 10.00 am )
Cash/Spot: 4.60/6.10 Cash/Tom: 3.50/4.50
Tom/Spot: 1.10/1.60 Spot/Next: 1.10/1.60
Cash Date: 24th April, 2015.
Tom Date: 27th April, 2015.
Spot Date: 28th April, 2015.
MAJOR WORLD CURRENCIES: as on 23rd April, 2015
USD: The dollar turned broadly lower against a basket of other major currencies on Thursday, after data showed that U.S. jobless claims rose unexpectedly last week and that U.S. new home sales dropped far more than expected in March.The U.S.Dollar Index which measures the greenback’s strength against a trade-weighted basket of six major currencies, was down 0.60% to 97.66.
EUR: The euro remained higher against the U.S. dollar on Thursday, after downbeat U.S. jobless claims and new home sales data dented demand for the greenback.EUR/USD hit 1.0845 during U.S. morning trade, the session high; the pair subsequently consolidated at 1.0824, rising 0.34%.
GBP: The pound fell agains the U.S. dollar on Thursday, after disappointing retail sales data from the U.K. and as the previous session's U.S. home sales data continued to support the greenback.GBP/USD hit 1.4957 during European morning trade, the session low; the pair subsequently consolidated at 1.5056, sliding 0.19%.
GOLD: Gold prices ended the U.S. day session higher onThursday, on some short covering and perceived bargain hunting after recent selling pressure. The key “outside markets” were fully bullish for the precious metals on this day, as the U.S. dollar index was sharply lower and crude oil prices were sharply higher. June Comex gold was last up $8.50 at $1,195.30 an ounce. May Comex silver was last up $0.096 at $15.88 an ounce.
Outlook For The Day (24th April, 2015)
USD/INR is expected to trade in a range between 63.20 to 63.50 with higher bias. US dollar is expected to weaken against the Majors.
MAJOR WORLD CURRENCIES:
as on 23rd April, 2015
(Updated: 17:30 hrs on 23rd April, 2015)
1 EUR =
1 GBP =
100 JPY =
1 AUD =
1 CHF =
(Updated: 17:30hrs on 23rd April, 2015)
(As on 23rd April, 2015)
Major Economic Data Releases for the Day
German IFO Business Climate
Core Durable Goofs Orede
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