BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Reliance Securities Report
The Indian rupee depreciated against the U.S. dollar for a third successive session, weighed down by dollar demand from oil marketing companies supported by an uptick in crude oil prices.
The rupee ended at 75.51 compared with 75.36 in the previous session.
The unit had briefly weakened to 75.67 earlier in the session, its lowest since June 29, 2020, but trimmed losses on exporters' dollar sales and dollar position covering by some foreign banks.
Most other Asian and emerging market currencies came under pressure this Tuesday continued to be weighed by the rise in crude prices.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
