Currency report for 7 July 2014

Currency report for 7 July 2014

Currency report for 7 July 2014

USDINR July expiry future last closed at 59.99 with 8 paisa loss. In Intraday MCX-SX Dollar-rupee future hit high at 60.08 while low was 59.9. Total 18-paisa intraday range and closed with loss. For Monday, below 61 keep sell on rise view.

 

EURINR July future last closed at 81.53 with loss of 46 paisa. In Intraday MCX-SX Euro-rupee future hit high at 81.69 while low was 81.41. Total almost 28-paisa intraday range and closed with loss. Euro is correcting as expected.

 

GBPINR July expiry future last closed at 102.81 with loss of 7 paisa. In intraday MCX-SX Pound-rupee, future hit high at 103.08 while low was at 102.69. Total 333-paisa intraday range and closed with loss. Pound is also correcting as expected.

 

JPYINR July expiry future last closed at 58.81 with 18 paisa loss. In intraday MCX-SX Yen-rupee, future hit high at 58.88 while low was at 58.66. Total 22-paisa intraday range and closed with loss. Yen may touch 58.5 levels.

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Pramod Baviskar

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