Buy USDINR; target of : 82.60 : ICICI Direct

Currencies

ICICI Direct, Rupee future maturing on October 27 traded flat yesterday after touching 82.09 despite a sharp rise in domestic equity markets.

October 19, 2022 / 09:32 AM IST

Representational image: Shutterstock

Representational image: Shutterstock

ICICI Direct’s currency report on USDINR

Rupee future maturing on October 27 traded flat yesterday after touching 82.09 despite a sharp rise in domestic equity markets. Further, a continuous drop in crude oil prices supported the rupee • The US dollar traded flat on Tuesday despite stronger-than-expected economic data from the US. Industrial production in the US increased 0.40% in September 2022, more than expectation of 0.10% rise.

For all Currency report, click here

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19102022 – currency

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