Market showed volatile trend in US Dollar.
From the market data we can observe that the market showed up and down trend in US Dollar. In the beginning of May the USD at 63.6, it moved up and touch the sky at 66.49 increased by 4.5 per cent on account of the Chinese Yuan decreased at the mid of September.
It came down at 65.68 in the third week of September due the price of oil seed decreased. At the end of September dollar increases because the demand for American currency and foreign outflow and settled at 66.03 at the end of September.
After examine the data we can say that dollar is now likely to be seen at 65.60.
Prabhudas Jamnadas & Co.