Buy USDINR; target of : 80.00: ICICI Direct

Currencies

ICICI Direct, Rupee future maturing on September 28 depreciated yesterday by 0.31% amid a drop in domestic equity markets.

September 16, 2022 / 09:18 AM IST

Representative image

Representative image

ICICI Direct’s currency report on USDINR

Rupee future maturing on September 28 depreciated yesterday by 0.31% amid a drop in domestic equity markets. However, a sharp drop in crude oil prices restricted further weakness in the rupee • The US dollar traded flat yesterday despite strong economic data from the US. Retail sales in the US went up 0.3% in August from July, following a revised 0.4% fall in the previous month and beating forecasts of a flat reading.

For all Currency report, click here

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16092022 – currency

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