WAYS2CAPITAL UPDATE – USDINR

USDINR trading range for the day is 70.19-70.67.
Rupee gained as support seen after trade tensions between the US and China seemed easing.
The government has a fiscal deficit target of 3.4% of gross domestic product for 2019/20.
The finance ministry official said the RBI needs to provide additional liquidity to ensure rate cuts pass to bank customers.
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