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2019-06-24 MONDAY

The euro rose to a three-month high against the dollar IN Asian Market opening trades today, as bearish bets on the U.S. currency remained solid on prospects of a near-term interest rate cut by the Federal Reserve. The dollar index versus a basket of six major currencies was a shade lower at 96.135, having struck 96.093 on Friday, its lowest since March 21, after the Fed last week opened the door for a potential rate cut as early as next month. Also in focus was whether Washington and Beijing can resolve their trade dispute at a summit in Japan this week of leaders from the Group of 20 leading world economies. The U.S. currency was pressured even more against the yen, which often serves as a safe haven in times of political angst, as tensions grew between Iran and the United States. In currency trading today, the dollar nudged up 0.1% to 107.400 yen after retreating to a near six-month low of 107.045 on Friday. The euro stretched its rally last week, up 1.4%, and advanced about 0.15% to $1.1386 in early Asian trade, its highest since March 22, while the pound sterling was trading flat 1.2747.  The Indian Rupee opened weaker with a gap of 05 paisa at 69.60/61 against its previous session’s close of 69.55/56 and is expected to trade between 69.40– 69.80 ranges today tracking the rise in crude and geo-political risks
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MIDDAY REPORT


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INR Rates

Symbol   Bid  ASK
USD69.525 69.535
GBP88.11599 88.1438
EUR77.77067 77.79152
JPY0.63395 0.63412
CHF69.29632 69.30323
AUD48.00006 48.01397
SGD50.49386 50.5012
CAD51.68761 51.69529
NZD45.4624 45.49021
*Closing Rates on : 2019-05-24

Stock Indices

IndexPointsChange
BSE Sensex39122.96-71.53
S&P CNX Nifty11699.65-24.45
NASDAQ7728.782-9.273
HangSeng2851339.29
DJ IA26719.13-34.04
DAX12264.72-75.2
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