DAILY FOREX REPORT 15th APRIL 2013WWW.EPICRESEARCH.CO +919752199966
HEADLINES Forex reserves at $293.84 bn as on April 5: RBI Indias foreign exchange reserves rose to $293.84 billion as of April 5, from $292.65 billion in the previous week, the Reserve Bank of India (RBI) said on Friday.Changes in foreign currency assets, expressed in dollar terms, include the effect of appreciation or depreciation other currencies held in its reserves, the TRADING TIPS RBI said in its weekly statistical supplement. BUY EUR/INR Rupee trims initial gains against dollar The rupee trimmed its initial gains against the ABOVE 71.30 for American currency but was still quoted up by two paise to 54.49 per dollar on mild selling of dollars by banks TGTS of and exporters on the back of lower dollar overseas. 71.45/71.60 PAST RBI REFERENCE RATE PERFORMANCE As on 10th APRIL 2013 BUY USD/INR ABOVE 54.55 for UNDERLYING RATE USDINR 54.5340 TGTS of EURINR 71.3260 54.70/54.85 GBPINR 83.5952 ABOVE COST JPYINR 55.0300www.epicresearch.co +919752199966
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