Excerpt from: GFT Analysts in the News
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| March 21, 2007 | | The emerging market currency is up against majors | The Indian rupee, and emerging market currency, is up in forex trading today against the majors. The rupee is up against the U.S. dollar, and is finding currency trading success against the Japanese yen, U.K. pound and euro as well, reports myiris.com:
The domestic currency
gathered gains against Euro. The Rupee gained 41 paise to get quoted at
58.08 per Euro on Mar. 21. After gaining 17 paise against Japanese Yen,
the Rupee was quoted at 37.20 for hundred units of Japanese Yen on Mar.
21. The exchange rate was Rs 37.37 for hundred units of Japanese Yen on
the previous day.
| Topic Tags: currency trading, emerging market currency, forex trading, Indian rupee, Japanese yen, U.K. pound, U.S. dollar | |
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