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DAILY CURRENCY MARKET 1st AUG 2019

The rupee opened 40 paise lower at 69.19 against the US dollar on Thursday after settling at 68.79 on Wednesday.USD/INR touched intraday low of 69.00 and high of 69.20. The rupee closed 26 paise lower at 69.05 against the dollar. The rupee down after the dollar jumped to two-year highs as the US Federal Reserve poured cold water on market expectations of a lengthy easing cycle following a 25 basis-point rate cut. Meanwhile, Sensex was down 462.80 points or 1.23 % at 37018.32, while Nifty was down 138.00 points or 1.24% at 10980.00.

The Rupee was trading at 76.23 as against Euro. The currency pair EUR/INR opened at 76.45, which was previously close at 76.69. The Currency pair GBP/INR and JPY/INR were trading at 83.65 and 0.63 respectively. The other currencies pairs ZAR/INR, MYR/INR, SAR/INR and AED/INR were trading at 4.77, 16.75, 18.43 and 18.82 subsequently.

The USD/JPY was trading at 108.73. The currency pair EUR/USD was trading at 1.10. The paired currency EUR/JPY was trading at 119.81. Elsewhere the currency pair GBP/USD was trading at 1.21. The other currencies pairs AUD/USD, NZD/USD, MYR/USD and SAR/USD were trading at 0.68, 0.65, 0.24 and 0.27 respectively.



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