Wait...

Online Export Import Data Search

Recent Searches: No Recent Searches
Complete Training Video : Click Here

Rupee opens 6 paise down at 73.67 against dollar.


Date: 28-09-2020
Subject: Rupee opens 6 paise down at 73.67 against dollar
The rupee on Monday opened 6 paise down at 73.67 against the US dollar following some buying in American currency by banks and importers.

The local currency rose in the first half of the previous session following recovery in domestic equities but gains remained capped as the dollar strengthened against its major crosses.

On the domestic front, the focus will be on fiscal deficit number that will be released this week and widening fiscal deficit could keep the rupee weighed down against the US dollar. Volatility for the currency is expected to remain low ahead of the important RBI policy statement that will be released this week.

There are hopes that the central bank could keep a dovish outlook on the economy. At the same time, the focus will be on the central bank’s stance on inflation and that is likely to provide a trigger to the rupee.

Motilal Oswal Financial Services NSE 1.23 % believes that USDINR (Spot) to quote in the range of 73.40 and 74.20 on Monday.

Last week, the dollar rose sharply against its major crosses after the Fed Chairman’s testimony; wherein the central bank governor said growth still remains far from where it was “and the path ahead continues to be highly uncertain. This week, volatility in the first half of the week could remain low as market participants will remain cautious ahead of the important final GDP and payrolls number that will be released in the latter half of the week.

Source:-economictimes.indiatimes.com

Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Both
 Buyers
 Suppliers
 Both
OR
 Exim Help
+


What is New?

Date: 24-10-2020



Date: 21-10-2020
Notification No. 38/2020-Customs
Notification regarding exemption of duties of Customs against scrips issued under the RoSL scheme for apparel and made-ups sectors.

Date: 21-10-2020
Notification No. 07/2020 – Central Excise
Notification regarding exemption of duties of Central Excise against scrips issued under the RoSL scheme for apparel and made-ups sectors

Date: 20-10-2020
Notification No. 37/2020-Customs
Seeks to further amend notification no. 152/2009 dated 31.12.2009, regarding the rate of duty of customs on imports of "Polybutadiene Rubber" originating in Korea RP and imported under the India-Korea Comprehensive Economic Partnership Agreement.

Date: 15-10-2020
Notification No. 99/2020 - Customs (N.T.)
Exchange rate Notification No.99/2020-Cus (NT) dated 15.10.2020- regd.

Date: 13-10-2020
Trade Notice No. 30/2020-2021-DGFT
Electronic filing and Issuance of Preferential Certificate of Origin (CoO) for India’s Exports under GSP, GSTP, India-Malaysia CECA, India-Singapore CECA w.e.f. 15th October 2020

Date: 09-10-2020
Notification No. 39/2015-2020
Amendment in Export Policy of Onions

Date: 08-10-2020
Circular No. 44/2020-Customs
Procedure for inspection of ICDs/CFSs/AFSs -reg

Date: 08-10-2020
Notification No. 49/2020-Customs (N.T./CAA/DRI)
Appointment of CAA by Pr. DGRI

Date: 07-10-2020
Public Notice No.24 /2015-20
Revision of SION H-68, H-301 & H-302 of Export Products- Double Decorative/Single side Laminates with or without Barrier Paper



Exim Guru Copyright © 1999-2020 Exim Guru. All Rights Reserved.
The information presented on the site is believed to be accurate. However, InfodriveIndia takes no legal responsibilities for the validity of the information.
Please read our Terms of Use and Privacy Policy before you use this Export Import Data Directory.

EximGuru.com

C/o InfodriveIndia Pvt Ltd
F-19, Pocket F, Okhla Phase-I
Okhla Industrial Area
New Delhi - 110020, India
Phone : 011 - 40703001