Rupee And Bond Update - December 29, 2021: Reliance Securities

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 for a seventh straight session as dollar sales by foreign banks on behalf of exporters and receding concerns over the impact of the Omicron coronavirus strain aided risk sentiment. The rupee ended at 74.65, its strongest against the dollar since November 26 from 74.9950 close in the previous session. The rupee has gained 1.9% in the last seven sessions. Additionally, renewed buying in global equities in holiday-thinned trading has also aided domestic markets.Asian peers were mixed, but Asian stock markets across the globe rallied and lent support. The U.S dollar rose on Tuesday helped by safe haven flows amid worries over the spread of Covid-19 and on expectations the Federal Reserve could raise interest rates as early as March..Click on the attachment to read the full report:.DISCLAIMERThis 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 author entity 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.

Rupee And Bond Update - December 29, 2021: Reliance Securities

Rupee And Bond Update - December 29, 2021: Reliance Securities

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