DOLLAR
Dollar Stumbles But Doesn’t Break Trend Into Week End. Dollar demand from corporates and oil firms also hurt the Indian currency. Traders are closely watching for any intervention by the Reserve Bank of India. On account of the declining US bond yields, India Forex Advisors sees the dollar index above the 81 levels and in the hope of some support from the Indian government.
EURO
The euro inched up 0.1 percent to $1.2793, moving away from a four-month low of $1.2642 reached on Friday, which was not far from its trough of 2012.
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SHARE MARKET REVIEW
