Evening Currency Updates - Feb 21, 2022 - Kotak Securities

Anindya Banerjee, DVP, Currency Derivatives & Interest Rate Derivatives at Kotak Securities Ltd

USDINR spot closed 15 paise lower at 74.50, due to exporter sales and carry trade bets. Global risk sentiment remain fragile and USDINR may also face stiff RBI intervention at lower levels. Therefore we expect USDINR to slip into a range over the near term: 74.30-74.80 on spot.

Source : Equity Bulls

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EveningCurrencyUpdate Rupee INR KotakSecurities