BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Reliance Securities Report
The Indian rupee appreciated against the U.S. dollar on Friday and for a fourth straight week, as the dollar index remained choppy and volatile amid uncertainty over the outcome of the U.S. Presidential election.
The rupee ended 74.20 to the dollar on Friday compared with 74.39 in the previous session. The rupee gained 0.1% last week.
The dollar index was down 1.6% so far this week. Asian currencies were mostly higher for the week and lent support.
Back home, foreign inflows into Indian equities also helped the local unit.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the brokerage and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
As a Subscriber you get
Stories
RECOMMENDED FOR YOU
POPULAR