Friday, July 12, 2024
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Indian Rupee may rise up to 74.70 as COVID-19 hurting US Dollar, says Anindya Banerjee

[ad_1] On account of COVID-19 hurting the US Dollar and Foreign Direct Investment (FDI) flow rising in India, the Indian Rupee may rise up to 74.70 mark. According to currency experts, American currency is under stress due to the rising cases of Coronavirus and at the same time FDI flows

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Indian Rupee to remain on a firm ground against the US Dollar in near term, this expert says

[ad_1] The Indian Rupee is on firm ground against the US Dollar and may see further strengthening in the near term, Senior Technical Analyst Anuj Gupta opines. Gupta said that there are positive indicators including a strong support by the record increase in forex reserves, which have increased by USD 5.92 billion

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