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Rupee loses initial gains, up 10 paise to 54.37
versus dollar
In line with equity market, rupee failed to maintain initial
gains against dollar, but was still quoted higher today in late
morning trade by 10 paise to 54.37 on selling of the American
currency by banks and exporters amid foreign capital inflows
in equity market.
The rupee resumed higher at 54.30 per dollar as against the
last weekend's level of 54.47 at the Interbank Foreign
Exchange (Forex) Market and moved up further to 54.26
against the American currency.
Yuan closes at one-month low as PBOC seen
buying dollars
The yuan closed at its weakest level in over a month on
Monday after the central bank BSE 2.60 % appeared to buy
dollars in the session's final minutes, extending a pattern of
intervention when trading volumes are low.
RBI REFERENCE RATE
As on 10TH December 2012
UNDERLYING RATE
USDINR 54.3405
EURINR 70.1320
GBPINR 87.0888
JPYINR 65.9400
TRADING TIPS
BUY USD/INR
ABOVE 54.73
FOR TGT 54.85/54.97 SL 54.55
PAST
PERFORMANCE
BUY USD/INR
ABOVE 54.75
FOR TGT 54.95/55.15 SL 54.55 UNEXECUTED
PRODUCT NAME
EXP DATE OPEN HIGH LOW CLOSE LTP CHG PERCENTAGE CHANGE
CHANA 7/19/2012 4556 4573 4525 4560 4532 -28 -0.61
CHILLI 7/19/2012 5060 5060 5018 5120 5018 -102 -1.99
GUR 7/19/2012 1188 1188 1178 1183.5 1178 -5.5 -0.46
JEERA 7/19/2012 14955 14960 14650 15052.5 14800 -252.5 -1.68
KAPAS 7/19/2012 1044 1053 1035 1049 1041 -8 -0.76
PEPPER 7/19/2012 42300 42555 42250 42390 42435 45 0.11
REF SOYA 7/19/2012 780.5 783.6 777.4 782.85 781.3 -1.55 -0.2
SOY BEAN 7/19/2012 4309 4330 4265.5 4303 4315 12 0.28
TURMERIC 7/19/2012 4600 4676 4518 4664 4540 -124 -2.66
WHEAT 7/19/2012 1251 1282 1251 1246 1282 36 2.89
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DAILY MARKET STATISTICS
Symbol Series/Expiry Unit Open High Low Close Prev. Close
EURINR 27-Dec-2012 1 EUR 70.4850 70.6150 70.2200 70.5900 70.6475
EURINR 29-Jan-2013 1 EUR 70.6025 70.8600 70.4600 70.8400 70.8850
GBPINR 27-Dec-2012 1 GBP 87.7000 87.7775 87.1400 87.7150 87.6475
GBPINR 29-Jan-2013 1 GBP 87.6100 88.0600 87.5725 88.0300 87.9350
JPYINR 27-Dec-2012 100 JPY 66.1300 66.5700 65.9900 66.5275 66.3850
JPYINR 29-Jan-2013 100 JPY 66.3200 66.7900 66.2150 66.7400 66.6375
USDINR 27-Dec-2012 1USD 54.6050 54.7450 54.4550 54.6875 54.7075
USDINR 29-Jan-2013 1 USD 54.8100 54.9900 54.7125 54.9375 54.9625
USDINR 26-Feb-2013 1 USD 54.8325 55.2200 54.8325 55.1775 55.1900
DAILY USD/INR CHART
ANALYSIS
OPEN: 54.6025
HIGH: 54.7425
LOW: 54.4550
CLOSE: 54.6875
USD/INR LOOKS SIDEWAYS
TREND: CONSOLIDATED
STRATEGY: BUY ON DIPS
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DAILY EUR/INR CHART
ANALYSIS
OPEN: 70.4875
HIGH: 70.6150
LOW: 70.2200
CLOSE: 70.5900
EUR/INR LOOKS SIDEWAYS
TREND: CONSOLIDATED
STRATEGY: BUY ON DIPS
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FOREX FORTHCOMING DATA
TIME CURRENCY DATA ACTUAL FORECAST PREVIOUS
3.30 P.M EUR German ZEW economic
sentiment -11.4 -15.7
7.00 P.M USD Trade balance -42.4 B -41.5 B
8:30pm USD IBD/TIPP Economic
optimism
51.6 48.6
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