In an early trade on Thursday, the Indian rupee fell by 46 paise to a record low of Rs 54.17 per US dollar, breaching the Rs 54 per dollar-mark for the first time in history on sustained foreign capital outflows and dollar gains against the euro and other rivals overseas. Rupee is in buy mode since 8th August as per 13-13 EMA wilders moving average.
The domestic currency had tumbled by 48 paise to close at a record low of Rs 53.71/72 per dollar in the previous session on strong demand for the American currency and strengthening of the dollar against its rivals overseas.
Related Readings and Observations
USD INR 4 Hourly Chart Analysis USDINR - 4 hourly chart is shown with 13-13 period Wilders Moving average channel offset trading system. Ruppee Continues with the buy signal since 8th Nov 2011 on the chart with the 4 […]- USD INR 4 Hourly Chart Analysis – Updated USDINR 4 hourly chart is shown with 13-13 period Wilders Moving average. There is buy signal on the chart since 9th November as the candle closes above the upper channel Rs49.33 of the […]
- Download the New Rupee Symbol Font Download the font Rupee.ttf or the new version Rupee_Foradian.ttf. Foridan Technologies had made the first font with support for Indian currency symbol.
- 1 Billion Plastic Currency Notes of Rs10 denomination to be Introduced Mr Shri Jayant Sinha(Finance Minister) in written reply to a question in Lok Sabha today posted that Government will introduce 1 Billion Plastic currency notes of Rs10 denomination on […]
- Gold Vs Bitcoin Comparison : Infographic Which one will be consider as the alternative currency Gold or Bitcoin in the future? Will a physical gold will be the future currency or the virtual currecy like bitcoins. The following […]
- USDINR Long Term and Short term Overview USDINR on the daily charts is in long term sell mode since Sep 2013. Currently the EOD resistance comes near to 60.49. USDINR will turn to long term buy mode if the resistance levels […]
Leave a Reply