DAILY FOREX REPORT 24ND APRIL 2013WWW.EPICRESEARCH.CO +919752199966
HEADLINES Yuan closes near record high; link to Asian currencies in focus Traders say client demand for the Chinese currency has remained strong over the last two weeks, even as the exchange rate has appreciated. Mini Indian Rupee futures launched in Dubai The first of its kind to be introduced in the region and TRADING TIPS outside of India, the mini contract is one-tenth the size of the existing DGCX Indian Rupee futures BUY USD /INR contract. ABOVE 54.32 for Rupee keeping losses; down 23 paisa against dollar TGTS of The rupee was lower for a second successive 54.42/54.60 session, trading at 54.37/38, versus the previous close of 54.14/15. PAST PERFORMANCE RBI REFERENCE RATE BUY JPY /INR As on 23th APRIL 2013 ABOVE 54.30 for UNDERLYING RATE TGTS of USDINR 54.2995 54.42/54.60 EURINR 70.8017 GBPINR 82.8773FULL TGT ACHIVE JPYINR 54.99www.epicresearch.co +919752199966
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