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Weekly Currency Insights: Oct 24, 2016 by khaniyalal is a document available to read on EtoBox.

What is Weekly Currency Insights: Oct 24, 2016 about?

- The rupee weakened against the US dollar last week, closing at 66.89 compared to 66.71 the previous week, due to a stronger dollar against Asian currencies and dollar demand from oil importers. However, the rupee remains stronger than many Asian currencies with low volatility. - The dollar index continued rallying for a third consecutive week after the ECB kept policy rates unchanged. The dollar has climbed to eight-month highs driven by factors like the possibility of a US rate hike before year-end and

Author

khaniyalal

Language

EN