Reliance Securities: Currency And Bond Update- August 03, 2020
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Reliance Securities Report
The Indian rupee ended flat on Friday against the U.S. dollar .
The rupee settled for the day at 74.81, three paise higher over its previous close of 74.84 on Thursday.
U.S. dollar was weak this Friday afternoon trade and lent support.
Meanwhile, most Asian currencies were stronger against the U.S. dollar this Friday’s session.
The benchmark S&P BSE Sensex and the broader Nifty 50 Index fell 0.34% and 0.26%, respectively, on profit booking.
U.S. dollar recovered on Friday amid covering of shorts after the recent fall.
The euro ended marginally higher on Friday.
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