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The domestic currency had tumbled 17 paise to The dollar index, which gauges the greenback's strength against a basket of six currencies, dropped 0. FX markets are effectively open 24 hours a day thanks to global cooperation among currency traders. Edited stock options flat tax Chitranjan Kumar. Any currency can be traded on the international level. During the 4th century AD, the Byzantine government kept a monopoly on the exchange of currency. All contracts expire on the last working day excluding Saturdays of the contract months. The rupee has been well supported by Indian equity market this year. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. Beside dollar weakness, the foreign fund inflows in domestic equity and lower crude oil prices bode well for rupee. Fed rate hike: Movement in the Rupee against the US dollar since 01 Jan
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