Emkay Commodity Research expects USDINR prices to move in a range to down for the day as investors would be keenly waiting for the union budget and expect a positive dollar inflow over the same.
''USDINR prices moved down by 0.06% and remained steady ahead of first union budget of newly appointed government. Hopes for positive budget and weaker dollar internationally also pushed the currency pair down. The partially convertible rupee ended at 59.75/76 per dollar compared with 59.78/79 on Tuesday,'' it added.
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