Tag: 佛山qmVX

Rupee to face strong resistance near 82.80, slip back to 81.80 amid softening crude oil prices, USD correctionRupee to face strong resistance near 82.80, slip back to 81.80 amid softening crude oil prices, USD correction

By Raj Deepak Singh, Analyst, ICICI direct Rupee appreciated last week amid weakness in dollar, softening of crude oil prices and upbeat economic data from country. India’s GDP grew by 6.1% in Q4FY23, pushing the overall growth rate to 7.2% for FY23 despite global headwinds. Dollar retreated as disappointing economic data from US and comments […]