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 for the fourth consecutive session against the U.S. dollar on Wednesday tracking gains in most regional currencies led by a broad dollar decline.
The rupee ended at 73.91 to the dollar this Wednesday compared with 74.01 in the previous session.
Lack of negative news flow across global markets and the risk-on mode continued to lend support.
The offshore Chinese yuan and the Korean won led Asian currencies higher against the dollar. The dollar index slipped on Wednesday’s trade adding to Tuesday’s fall and lent support to local unit
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