Friday, October 16, 2026

Technicals

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USD/INR likely to trade sideways around the 64.00 pivot

Stocks fall, concerns over weaker than expected monsoon season weigh on INR Higher EUR, GBP, foreign interest in INR bonds to limit INR weakness though Sensex closed -0.92%, USD/INR ended 64.08-64.09 yesterday NDFs trade…

By Earlence Fernandes
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • Stocks fall, concerns over weaker than expected monsoon season weigh on INR

  • Higher EUR, GBP, foreign interest in INR bonds to limit INR weakness though

  • Sensex closed -0.92%, USD/INR ended 64.08-64.09 yesterday

  • NDFs traded 64.40-64.50 range overnight 

 

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