Reuters logo
MARKET EYE-USD/INR headed for 3rd yearly gain; up 12.4 pct
December 31, 2013 / 8:37 AM / 4 years ago

MARKET EYE-USD/INR headed for 3rd yearly gain; up 12.4 pct

* USD/INR headed for its third successive annual gain
in 2013; pair up 12.4 pct this year.
* Pair keeping a tight range in session amid holiday season
trading; at 61.83/84 versus Monday's close of 61.91/92.
* Local stocks up 0.13 percent.
* INR also helped by the foreign investment regulator's nod to
Vodafone and Tesco's investment proposals, worth around $1.7
billion in total. 

 (subhadip.sircar@thomsonreuters.com/;
subhadip.sircar.thomsonreuters.com@reuters.net)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below