In early deals today, the rupee traded at 71.38 a dollar, up 0.10% from Monday’s close of 71.44submitted by idealstockinvestment to u/idealstockinvestment [link] [comments]
Asian currencies were trading lower
The Indian rupee on Tuesday strengthened marginally against the US dollar after international crude oil prices fell on demand worries.
In early deals today, the rupee traded at 71.38 a dollar, up 0.10% from Monday’s close of 71.44. The Indian unit had opened at 71.38 a dollar.
Brent crude slipped on concerns that demand will be hit as the novel coronavirus spread rapidly in China and other countries. Global stocks and currencies also fell on concerns over the spread of the new virus. China on Tuesday reported a further increase in both the death toll and number of infected people from the virus. The director-general of the World Health Organization is visiting Beijing to assess China’s response to the disease as the death toll topped 100 and the number of cases soared overnight.
Traders also focus on the US Federal Reserve meeting due today and tomorrow where it is expected to keep rates unchanged. Traders will also eye the Union Budget on 1 February for cues on fiscal deficit and government borrowing targets. Analysts expect the government may widen fiscal deficit for the current fiscal to 3.7% from 3.3% projected. The government may keep deficit target at 3.5% for next year.
“All of this shall keep the rupee on upward bias but quantum of move shall remain low as people wait for budget before taking long bets. The further course of the pair shall be clearer after the Budget announcement as the markets will react differently to the various measures which shall be announced by the Government,” said CR Forex Advisors in a note to its investors
The yield on the 10-year government bond was at 6.553% compared with its previous close of 6.556%. Bond yield and prices moves in opposite directions. The benchmark Sensex was at 41,150.72, down marginally. Year to date, the index has lost 0.24%.
Year to date, the rupee has strengthened 0.06%, while foreign investors have bought nearly $2.23 billion in Indian equities and sold $1.44 billion in debt.
Asian currencies were trading lower. Malaysian ringgit was down 0.62%, Thai Baht 0.26%, Indonesian rupiah 0.25%, Taiwan dollar 0.25%, Japanese yen 0.07%. China renminbi was up 0.46% and China Offshore 0.11%.
The dollar index, which measures the US currency’s strength against a basket of major currencies, was at 97.948, down 0.01% from its previous close of 97.956.
Watch our Stock Market Target Calls Quality, Track sheet – Click Here or Subscribe us for Stock Market Trading >>>> Stock Cash Tips
Listed above is a 2500 Malaysian Ringgit to US Dollar chart of historical exchange rates relative to the Malaysian Ringgit to US Dollar, at present the most widely traded currency in the world. The exchange rate in the 2500 MYR to USD chart represents the value of 2500 Malaysian Ringgit to US Dollar in another currency. An exchange rate between two currencies fluctuates over time. The Malaysian Ringgit was a free-floating currency for a 2-year period between 1995 and 1997; however, after the financial crisis in East Asia in 1997, the Bank Negara Malaysia took the decision to peg the currency to the US Dollar in 1998, although this situation came to an end in 2005, leaving the Ringgit to operate within a managed float against a number of major world currencies. The Bank ... Economies.com provides the exchange rate of Malaysian Ringgit to US Dollar (Symbol MYR/USD) including the last, high, low, open and close prices and the rate of change in addition to the currency converter and charts. Economies.com offers quotes of international currencies among them those traded in the Forex market. List of content. Forex Rates: Forex News: Technical Analysis: MYR/USD Price ... Convert U.S. Dollar (USD) to Malaysian Ringgit (MYR) 1 U.S. Dollar = 4.2900 Malaysian Ringgit. Wednesday, 01 July 2020, 21:00 New York time, Thursday, 02 July 2020, 09:00 Kuala Lumpur time US Dollar to Malaysian Ringgit Conversion Last updated: 2020-11-01 05:27 UTC All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. Disclamer: 7 MYR Malaysian Ringgit to USD US Dollar converter is provided to give you some guidence about how to convert 7 MYR Malaysian Ringgit to USD US Dollar into other currencies based on the exchange rates today. You might need to find local forex traders to do the actual conversion. In finance, an RM MYR to USD exchange rate is the Malaysian Ringgit to >US Dollar rate at which RM Malaysian Ringgit to US Dollar will be exchanged for another. It is also regarded as the value of RM MYR to USD in relation to another currency. For example, an interbank exchange rate of 114 Japanese yen to the United States dollar means that ¥114 will be exchanged for each US$1 or that US$1 ... Are you also wondering what is the 750 MYR to USD exchange rate today? Or, how to do 750 Malaysian Ringgit to US Dollar conversion? 750 MYR to USD exchange rate Oct, 2020 and 750 Malaysian Ringgit to US Dollar conversion data by Conversion Ai provides historical chart price for 750 Malaysian Ringgit to US Dollar with easy to use tools like 750 MYR to USD converter to help you get the best 750 ... Der aktuelle Malaysischer Ringgit/Dollar Kurs MYR/USD - Währunsgrechner für den Wechselkurs von Malaysischer Ringgit in Dollar. Malaysian Ringgit to US Dollar Conversion. Last updated: 2019-02-10 01:58 UTC. All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. To see the rates we quote for money transfer, please select Live Money Transfer Rates. MYR to USD Chart. 11 Feb 2018 00:00 UTC - 10 Feb 2019 01:58 UTC. MYR/USD close:0.24576 low:0.23808 high:0.25890 ...
[index]          
Dollar Rate Today Forex Exchange Rates Today 31-May-2020 Dollar To PKR FBTV Markets Today open Market currency rates 31-May-2020 Top 23 Currencies VS... Suggested by UMG Devon - TRUST ISSUES; Song Price Tag; Artist Jessie J; Licensed to YouTube by UMG (on behalf of Lava Music/Republic Records); UNIAO BRASILEIRA DE EDITORAS DE MUSICA - UBEM, SOLAR ... Welcome To Our channel . LIFE ENTERTAINMENT visit this web sight www.currencypricesforext.com Today currency Exchange rates Us Dollar , Pound Candida Dollar , Malaysia Ringgit currency rates,euro ... For Online Currency Rate Visit My website https://www.horipoint.com New Mobile Rate Website : https://bit.ly/2FFU7n0 Welcome To Our channel . Technical Asadu... Learn how much it costs to buy Malaysian Ringgit in various western currencies such as US Dollar, Euro, British Pound and Canadian Dollar. Dollar Rate Today Forex Exchange Rate 17-02-2020 Dollar To PKR FBTV Markets Today open Market currency rates 17-Feb-2020 Top 23 Currencies VS PKR Fore... Get great deals on Forex from BookMyForex at http://bit.ly/bookmyforex-tindn Visit https://www.theindiannomad.com If you need to contact me for any informati... TERUNGKAP! 1 dollar berapa ringgit Malaysia sekarang hari ini 1 Oktober 2020. Dalam video ini konversi 1 dollar Amerika ke ringgit Malaysia. Dolar merupakan ... Malaysia is a country in Southeast Asia. Malaysia shares a border with Thailand, Singapore, Brunei and a maritime border with Vietnam and the Philippines. Th... Daftar akaun USD100 : http://bit.ly/moshed100usd Belajar Asas Forex FREE : https://intraday.my/belajar-forex-percuma-dalam-bahasa-melayu-mudah-faham/ INTRADA...