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“ The next support is at 90.80, after which we could see a crossover of 91 towards 92. RBI has clearly let the market determine the price and has been intervening only to control any excessive volatility,
Anil Kumar
Anil Kumar, 9 months
Why The Rupee Fell To A New Low Of 90.75 Against The US Dollar Today

Rupee tumbles down to all time low of 90.75 against US dollar

9 monthsINDIA

Statements by Anil Kumar

“ The rupee fell to a 45-day low as US yields, India yields and oil prices remained on the upside, while equity weakness and dollar demand from oil companies and FPIs kept the rupee well offered,
Anil Kumar
Anil Kumar, 4 days
Rupee falls 0.42% to 95.96, posts sharpest decline since July 14
“ Rupee's move beyond the psychologically important 95 level also triggered some additional dollar demand and stop-loss activity. However, the decline was contained by RBI intervention,
Anil Kumar
Anil Kumar, 9 days
Rupee falls 25 paise to 95.33 against US dollar as oil prices top $100
“ Overall, the rupee remains firmly range-bound around 95.5096.00, with oil prices and RBI intervention likely to remain the key near-term drivers,
Anil Kumar
Anil Kumar, 25 days
Rupee falls 4 paise to 95.74 against US dollar during early trade

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