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HEADLINES
Rupee falls below 55 level against dollar;
down by 12 paisa
The rupee dropped further to 55.20 before
quoting 55.00 per dollar at 1100 hrs, still down
by 12 paisa over previous close.
Rupee hits 2-1/2 month low against dollar
The rupee was trading close to 55 levels
despite gains in the domestic share market.
The rupee is trading at 54.99/55.00 versus its
close of 54.88/89.
Sterling falls to 6-week low versus firmer
dollar
Sterling fell 0.6 per cent to $1.5172, a shade
below Wednesday's low of $1.5173 which was
its weakest since April 4.
RBI REFERENCE RATE
As on20 th MAY 2013
UNDERLYING RATE
USDINR 55.0368
EURINR 70.6835
GBPINR 83.6064
JPYINR 53.6000
TRADING TIPS
BUY USD/INR
ABOVE 55.05for
TGTS of
55.14/55.24
TRADING TIPS
BUY EUR/INR
ABOVE 70.70for
TGTS of 70.82
/70.94
2 nd tgt achieve
5. DAILY EUR/INR CHART
http://www.icharts.in/getImageFromSessionLive.php?img=chart1&id=ssrrjd8n1kmkm0cg5ulvc9tmp3518b82703dba5&
ANALYSIS
OPEN 70.6900 HIGH 70.8400 LOW 70.6275 CLOSE 70.7600
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6. FOREX FORTHCOMING DATA
TIME CURRENCY DATA ACTUAL FORECAST PREVIOUS
11:30am EURINR German CPI (MoM) - 0.5 %
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