DATE: Friday, 05th February, 2016
USD/INR: as on 04th February 2016
Snapping its three-day losing run, the rupee on Wednesday jumped 52 paise to log its biggest single day gain this year and ended at 67.5450 on fresh selling of dollars by banks and exporters, helped by a recovery in equities. Weakness of dollar in the overseas market also boosted the value of rupee against the dollar.
USD/INR as on 04th February, 2016
Highest till date: 68.85 on 31st August, 2013
Forward premium (%) as on 04th February 2016
USD/INR Cash/Tom/Spot Levels: (in Paisa)
(Updated as on 05th February, 2016, @ 10.00 am )
Cash/Spot: 3.90/5.40 Cash/Tom: 3.00/4.00
Tom/Spot: 0.90/1.40 Spot/Next: 0.90/1.40
Cash Date: 05th February, 2016
Tom Date: 08th February, 2016
Spot Date: 09th February, 2016
MAJOR WORLD CURRENCIES: as on 04th February,2016
USD: The dollar extended losses against a basket of the other major currencies Thursday as the greenback remained under pressure amid uncertainty over how much the Federal Reserve will be able to raise interest rates this year. The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was down 0.83% to 96.44, the lowest level since October 23.
EUR: EURO strengthened against the USD on Thursday. EUR/USD traded in the range of 1.1068 and 1.1238 before consolidating at 1.1206.
GBP: GBP/USD traded in the range of 1.4527 and 1.4668 before consolidating at 1.4587 on Thursday.
GOLD: Gold extended its rally on Thursday, building on the previous day's gains to strike a three-month high as global economic and financial headwinds present obstacles to a U.S. interest rate rise in the near term.
Outlook for the day (05th February 2016)
USD/INR is expected to trade in the range of 67.50 and 67.80 with higher bias. Other Major currencies are expected to strengthen against the Greenback.
MAJOR WORLD CURRENCIES:
as on 04th February, 2016
(Updated: 18:30 hrs. on 04th February, 2016)
1 EUR =
1 GBP =
100 JPY =
1 AUD =
1 CHF =
(Updated: 17:30 hrs on 04th February, 2016)
(As on 04th February, 2016)
Major Economic Data Releases for the Day
German Factory orders m/m
Non Farm Employment Change
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