Indian Rupee - July 2, 2020 - Mr. Anuj Gupta (DVP-Commodities & Currencies Research, Angel Broking)

"Today, Rupee is trading above 3 month high and trading at 74.88 levels on the expectation of positive outcome over India China tension. Positive equity markets and expectation of recovery from potential covid-19 vaccine. Progress on the vaccine front is also supportive for rupee. We expect Rupee may trade positive further and it may test 74.70 to 74.50 levels towards appreciation."

Source : Equity Bulls

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