Evening Currency Updates - March 2, 2022 - Kotak Securities

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

"The USDINR spot closed 36 paise at 75.70 on the back of rising oil prices. RBI intervention may have been responsible for the pair not breaking above 75.85 levels. Over the near term we expect prices to trade with an upward bias. We see a range of 75.40 and 76.30 levels."

Source : Equity Bulls

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CurrencyUpdate INR Rupee USD KotakSecurities