USDINR OPENED AT 71.92/93
- fxmethods
- Nov 19, 2018
- 1 min read

USDINR opened at par 71.92/93 levels against Friday closed. Today looks USDINR sentiment on domestic events. On Early trade Rupee get some traction on early trade due to Government Vs RBI conflict seems on final phase against greenback. Prime Minister Narendra Modi’s government turns up the heat on the Reserve Bank of India Governor Urjit Patel to do its bidding ahead of next year’s general election it is getting the central bank’s board to take on a much more powerful role, according to government officials and board members.
The dollar modestly lower against its key rivals on Monday after Federal Reserve officials expressed caution over the global growth outlook, prompting traders to reassess the pace of future US interest rate increases.
INTRADAY RANGE - 71.55 (71.75 - 72.15) 72.40

Intraday events that Impact On Rupee
Government of India Vs Reserve Bank Of India
GLOBAL MARKET SENTIMENT

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