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2. HEADLINES
Rupee loses some early gains; still up 20 paise
against USD
The rupee erased some early gains today, but was still
up 20 paise at 53.25 a dollar on persistent selling of the
American currency by banks and exporters amid
sustained foreign capital inflows.Weakness of dollar in
the overseas market also boosted the rupee value, a
TRADING TIPS
forex dealer said.
Buy USD/INR above
Euro falls against dollar, yen in Asia
53.50 for targets of The euro fell against the dollar and yen in Asia on
Monday as risk appetite was dampened by uncertainty
53.65/53.80
over the progress on Greek budget cuts to qualify for a
Stop loss 53.35 new tranche of rescue cash, dealers said. The euro
bought $1.2944 and 101.03 yen in Tokyo afternoon
trade, down from $1.2985 and 101.42 yen in New York
PAST late Friday.
RBI REFERENCE RATE
PERFORMANCE
As on 24th September 2012
Sell USD/INR below
UNDERLYING RATE
53.30 for targets of
USDINR 53.29300
53.15/53.00
EURINR 68.95100
Stop loss 53.45
GBPINR 86.43590
TGT ACHIEVED JPYINR 68.28000
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6. FOREX FORTHCOMING DATA
TIME CURRENCY DATA ACTUAL FORECAST PREVIOUS
6:30pm EUR ECB President Draghi
Speaks
7:30pm USD CB Consumer Confidence 62.9 60.6
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