Mecklai report for Jan 13

Updated - January 13, 2012 at 02:23 PM.

Mid-day forex update for January 13, 2012 by Mecklai Financial

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Latest from Forex

Forex

Rupee settles on flat note at 83.51 against US dollar

Economy

Russia halts rupee repatriation as India offers bouquet of investment options, say sources

Over the past week, the Indian rupee (INR) marginally depreciated versus the US dollar (USD), despite the softening of the latter in recent sessions.

Technical Analysis

Weekly Rupee View: Rupee charting horizontal trend

Forex

Rupee ends marginally higher at 83.51 against US Dollar

Technical Analysis

Currency Outlook: Dollar has room to fall more

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