Rupee faces immediate resistance is at 56.47: Bonanza
US Dollar fell sharply against the Rupee as hit an intraday low of 56.08 after the Government confirmed it won't impose retroactive taxes on foreign investors.
MCX-SX US Dollar continued its fall to second consecutive day. US Dollar fell sharply against the Rupee as hit an intraday low of 56.08 after the Government confirmed it won't impose retroactive taxes on foreign investors.
US Dollar ended at 56.0550 around 1.8473% against the previous day close of 57.11. Now on the upside immediate resistance is at 56.47.
MCX-SX EURINR also fell sharply to hit an intraday low of 70.49 and ended almost at day low at 70.50 around 0.6588 percent down against the previous day close of 70.9675.
On the upside immediate resistance is at 71.80 and on the downside immediate support is at 70.40.
US Dollar ended at 56.0550 around 1.8473% against the previous day close of 57.11. Now on the upside immediate resistance is at 56.47.
MCX-SX EURINR also fell sharply to hit an intraday low of 70.49 and ended almost at day low at 70.50 around 0.6588 percent down against the previous day close of 70.9675.
On the upside immediate resistance is at 71.80 and on the downside immediate support is at 70.40.
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