www.epicresearch.co +919752199966 HEADLINESDollar builds steam, unnerves emerging marketsAs the dust settles on a volatile week, manystrategists now sense a green light for a long-brewing multi-year rise of the US dollar, withunnerving portents for emerging marketsRBI to take steps to check excessive volatility inforex marketAmid the Re touching nearly 9- month low againstthe US dollar, RBI said it will continue to take stepsto check excessive volatility in the currency mkt.Rupee falls for third week; future of flows keyThe rupee weakened on Friday, falling 1.3 percentfor the week, extending its losing streak to a thirdsuccessive week.RBI REFERENCE RATEAs on 24 th MAY 2013UNDERLYING RATEUSDINR 55.6075EURINR 71.9415GBPINR 83.9800JPYINR 54.7100 TRADING TIPS SELL USD/INRBELOW 55.80for TGTS of55.68 /55.54 TRADING TIPS SELL USD/INRBELOW 84 forTGTS of83.88/83.702 nd tgt achieve
DAILY EUR/INR CHARThttp://www.icharts.in/getImageFromSessionLive.php?img=chart1&id=ssrrjd8n1kmkm0cg5ulvc9tmp3518b82703dba5&ANALYSISOPEN 71.3800 HIGH 72.0900 LOW 71.3800 CLOSE 72.0000www.epicresearch.co +919752199966
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