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Rupee opened at 64.1900 against its previous day closing of 64.2600. Dollar opened at over 20-month low, level last seen on Aug 11, 2015 on dollar selling by foreign banks including HSBC, Deutsche Bank and major private sector banks including ICICI Bank amid selling by exporters on fears of likely overseas fund inflows into local stocks. Also on a global front, investors awaits major tax reform promises from US President Donald Trump.The Trump administration is also expected to release an outline to potential tax reform on Wednesday.Tax reform expectations have been one of the key market drivers since the presidential election. The BJP is set to retain all three municipal corporations......
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GlobalFX

Asian shares traded mixed after an initial spurt higher regionally after the French election went widely as expected, pitting centrist Emmanuel Macron and far-right leader Marine Le Pen in a May 7 runoff, but tension on the Korean peninsula weighing on sentiment later. Gold prices slumped in Asia as risk concerns eased after the French election went widely as expected, pitting centrist Emmanuel Macron and far-right leader Marine Le Pen in a May 7 runoff. Oil prices recovered ground following last week's big losses, driven by expectations that OPEC will extend a pledge to cut output to cover all of 2017, although a relentless rise in U.S. drilling capped gains. The euro briefly vaulted to five-month peaks after the market's ......
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EforexIndia

Rupee is opened at 64.1900 against its previous day closing of 64.2600.

UK's Hammond hits budget deficit target helped by resilient economy since Brexit.

Trump administration to brief full U.S. Congress on North Korea policy.

Macron, Le Pen trade accusations in French election race.

ASEAN statement to go easy on Beijing over South China Sea dispute.

BJP president Amit Shah said party’s win in the MCD polls is because of PM Narendra Modi’s policies.

U.S. moves THAAD anti-missile to South Korean site, sparking protests.

Sensex, Nifty hit all-time highs, rupee at 20-month high.

RBI governor Urjit Patel bats for public sector bank mergers.

Crude prices hold weaker in Asia on API estimates, EIA ahead.