INSUBCONTINENT EXCLUSIVE:
the Narendra Modi's Bharatiya Janata Party's resounding victory, a host of domestic and global factors like crude oil prices, trade
tussle between the US and China and the upcoming RBI monetary policy will mainly influence the forex market movements, according to analysts
The Modi-led National Democratic Alliance (NDA) is all set to form the government at the Centre for a second consecutive term after having
high of 69.37 during the day
The domestic currency, however, could not hold on to the gains and settled at 70.02 per dollar, down 36 paise over its previous close
gains to end 299 points lower as investors booked profits after stocks soared to record highs
week's high of 69.50 against American dollar, but erased gains to trade at 70.04 with the loss of 37 paise or 0.52 per cent
Now, the focus will shift to crude oil, trade war and RBI monetary policy," said V K Sharma, Head PCG Capital Markets Strategy, HDFC
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