USD/INR was last gapping lower on Friday and coming to a low of 70.4675. Pair was helped by improving market sentiment and muted DXY movements. 1M NDF was flatter in contrast, last at 70.78. For USD/INR, the support level to watch is at 70.11. Sensex up 0.76% after open, a reflection of improved market sentiment. Kashmir remains a concern, as Indian Prime Minister Narendra Modi hailed a "new era" while Pakistan issued warnings.
FX August 09, 2019 / 05:12 am UTC
India Flows: Rupee Improved in Line With Region, Shugging off Domestic Fears
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