Tuesday 16 February 2016

Commodity & currency updates for 16 feb, 2016

The INR(rupee) depreciated by 7 paise to 68.14 as compared to the USD in early trade on today.Click for Mcx crude tips

The local currency had appreciated 16 paise to end near 68.07 after after the People's Bank of China PBOC) on Monday raised its daily fixing against the greenback by 0.3 per-cent, the most since November month.

Most other Asian markets were trading high on ECB comments & surge in Mcx crude oil prices. Japan's Nikkei were trading higher by 0.9 per-cent while the South Korean Kospi was up 1.41 per cent. Hong Kong's Hang Seng index was up 1.6 per-cent. China's CSI 300 index went up by 2.4 per-cent.

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