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DAILY CURRENCY MARKET 27th AUG 2019

The rupee opened 32 paise higher at 71.70 against the US dollar on Tuesday after settling at 72.02 on Monday. USD/INR touched intraday’s low of 71.45 and high of 71.87. The rupee on Monday had declined by 36 paise, hit by a 'flash crash' in global currencies due to uncertainty over the trade front. Today, Rupee appreciated by 55 paise to close at 71.47against US dollar amid revival of US –china trade talk hopes and gains in domestic equity market. Meanwhile, Sensex was up 147.15 points or 0.39 % at 37641.27 and Nifty was up 47.50 points or 0.43% at 11105.35.

The Rupee was trading at 79.39 as against Euro. The currency pair EUR/INR opened at 79.96, which was previously close at 80.05. The Currency pair GBP/INR and JPY/INR were trading at 87.70 and 0.67 respectively. The other currencies pairs ZAR/INR, MYR/INR, SAR/INR and AED/INR were trading at 4.68, 17.01, 19.07 and 19.47 subsequently.

The USD/JPY was trading at 105.77. The currency pair EUR/USD was trading at 1.11. The paired currency EUR/JPY was trading at 117.50. Elsewhere, the currency pair GBP/USD was trading at 1.23. The other currencies pairs AUD/USD, NZD/USD, MYR/USD and SAR/USD were trading at 0.68, 0.64, 0.24 and 0.27 respectively.



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