DAILY FOREX REPORT FROM RESEARCH VIA 3/NOV/2014

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chavi verma

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Nov 1, 2014, 5:51:20 AM11/1/14
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MARKET HEADLINES 
Rupee gains 8 paise against dollar on foreign capital inflows
The Snapping its four-day falling streak, the rupee rose by eight paise to 61.37 against the US dollar in early trade today on sustained foreign capital inflows amidst a higher opening in the domestic equity market. Increased selling of the American currency by banks and exporters amid sustained foreign capital inflows following a slew of reforms announced by the government supported the rupee but the dollar's firmness against other currencies overseas capped the gains, dealers said. Besides, a strong rally in domestic equity market in opening trade helped the rupee, they added.

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DAILY FOREX REPORT FROM RESEARCH VIA 3/NOV/2014

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