Reliance Securities: Currency And Bond Update - November 04, 2020
U.S. dollar and Indian rupee banknotes are arranged for a photograph in Mumbai, India(Photographer Dhiraj Singh/Bloomberg)

Reliance Securities: Currency And Bond Update - November 04, 2020

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 ended flat against the U.S. currency, despite a pullback in the dollar index ahead of the U.S. Presidential elections.

The rupee ended at 74.41 compared with 74.43 in the previous session.

The dollar index was down on Tuesday and lifted sentiments. However, investors refrained themselves from taking large positions ahead of the outcome of the U.S. Presidential elections.

Asian currencies were largely rangebound on Tuesday.

Click on the attachment to read the full report:

Reliance Securities Currency Update - November 04 2020.pdf


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.

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