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2. HEADLINES
Rupee up by 12 paise against dollar in early
trade
The rupee rose by 12 paise to 54.73 against the US
dollar in early trade today at the Interbank Foreign
Exchange on selling of American currency by exporters
and banks. Besides, a higher opening in the domestic
equity market and strengthening of the euro against the
dollar overseas on strong Spanish bond auction and
upgrade to Greece's credit rating supported the rupee,
dealers said. The rupee had closed flat at 54.85 against
TRADING TIPS
the US dollar in yesterday's trade amid RBI keeping key
SELL USD/INR rates unchanged in the mid-quarter policy review.
Meanwhile, the BSE benchmark index Sensex surged
BELOW 54.70
further by 121.82 points, or 0.63 per cent, to 19,486.57.
FOR TGT
54.55/54.40
SL 54.85
REFERENCE RATE
PAST
As on 19TH December 2012
PERFORMANCE
BUY USD/INR UNDERLYING RATE
ABOVE 55.05 USDINR 54.7365
FOR TGT EURINR 72.4775
55.20/55.35 GBPINR 89.0180
SL 54.90
JPYINR 64.9200
UNEXECUTED
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6. FOREX FORTHCOMING DATA
TIME CURRENCY DATA ACTUAL FORECAST PREVIOUS
Tentative JPY Monetary Policy Statement
3:00pm GBP Retail Sales m/m 0.3% -0.8%
7:00pm USD Unemployment Claims 358K 343K
8:30pm USD Existing Home Sales 4.85M 4.79M
8:30pm USD Philly Fed Manufacturing -2.7 -10.7
Index
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