DAILY CURRENCY MARKET 19th JULY 2019

The rupee opened 21 paise higher at 68.75 on Friday, after settling at 68.96 against the US dollar on Thursday. USD/INR touched intraday low of 68.72 and high of 68.95. The rupee closed 16 paise higher at 68.80 against the dollar as market participants pinned their hopes on aggressive interest cut by the US Federal Reserve later this month. Meanwhile, Nifty 50 ended 177.65 points lower at 11419.25 while Sensex fall 1.44 % or 560.45 points at 38337.01.

The Indian currency (INR) was trading at 77.32 as against Euro. The currency pair EUR/INR opened at 77.59, which was previously close at 77.36. The Currency pair GBP/INR and JPY/INR were trading at 86.25 and 0.63 respectively. The other currencies pairs ZAR/INR, MYR/INR, SAR/INR and AED/INR were trading at 4.94, 16.75, 18.36 and 18.74 subsequently.

The USD/JPY was trading at 107.74. The currency pair EUR/USD was trading at 1.12. The paired currency EUR/JPY was trading at 120.94. Elsewhere the currency pair GBP/USD was trading at 1.25. The other currencies pairs AUD/USD, NZD/USD, MYR/USD and SAR/USD were trading at 0.71, 0.68, 0.24 and 0.27 respectively.