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The Indian rupee recovered after the Reserve Bank of India steps up dollar sales to prevent the currency from falling towards recent record low.today it close at 66.30 Rs/dollar.
The RBI likely sold dollars via state-run banks starting at around 67.20 rupee levels. Two traders said the central bank was also intervening in the forwards market.
India increase the initial margin on gold and up by 4-5 % in domestic market .it applicable for Friday,we have seen round up margin in mcx commodity segment..on these fiscal year gold price hit 30 year record and touch near around
Tommorrow commodity tips :
Sell gold future at current price 32700 TGT 32650,32600,32500
Sell silver for future 53700 TGT 53630,53550,53450 SL 53780
The Indian rupee recovered after the Reserve Bank of India steps up dollar sales to prevent the currency from falling towards recent record low.today it close at 66.30 Rs/dollar.
The RBI likely sold dollars via state-run banks starting at around 67.20 rupee levels. Two traders said the central bank was also intervening in the forwards market.
India increase the initial margin on gold and up by 4-5 % in domestic market .it applicable for Friday,we have seen round up margin in mcx commodity segment..on these fiscal year gold price hit 30 year record and touch near around
Tommorrow commodity tips :
Sell gold future at current price 32700 TGT 32650,32600,32500
Sell silver for future 53700 TGT 53630,53550,53450 SL 53780
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