Major developments: USD is now at 77.24. USDINR opened at 77.29. Today, the pair could trade in the 77.20-77.45 Zone. US and Indian Inflation data are key events for this week. USDINR has supports at 76.98 …
Blog Posts
Major developments: USD is now at 82.57. USDINR opened at 82.57. Fwd premia – 1 year fwdpremia is at 1.76% p.a.-RBI kept repo rates unchanged at 6.5% and monetary stance remained unchanged.-FY 24 GDP is projected at 6.5% and inflation …
USDINR opened at 82.55 y’day and the pair traded in the 82.48-82.57 range. Spot USDINR closed at 82.53, loss of 8 ps for USD as against prior close of 82.61. RBI reference rate was fixed at 82.53 …
Major developments: USD is now at 82.56. USDINR opened at 82.57. Fwd premia – 1 year fwdpremia is at 1.78% p.a.-World bank raised Global growth rate forecast to 2.1% from 1.7% in 2023. Indian GDP is expected to climb by …
USDINR opened at 82.56 y’day and the pair traded in the 82.56-82.66 range. Spot USDINR closed at 82.61, loss of 7 ps for USD as against prior close of 82.68. RBI reference rate was fixed at 82.64 …
Major developments: USD is now at 82.57. USDINR opened at 82.54. Fwd premia – 1 year fwdpremia is at 1.75% p.a.-US ISM(services) declined to 50.3, though still in expansion mode.-Indian PMI(services) was strong in May at 61.2.RBI ref rate: -USDINR …
USDINR opened at 82.45 y’day and the pair traded in the 82.44-82.68 range. Spot USDINR closed at 82.68, loss of 37 ps for USD as against prior close of 82.31. RBI reference rate was fixed at 82.57 …
USDINR opened at 82.32 on Friday and the pair traded in the 82.27-82.38 range. Spot USDINR closed at 82.31, loss of 10 ps for USD as against prior close of 82.41. RBI reference rate was fixed at …
WEEKLY SYNOPSIS: 02/06/2023 Currency Map: Currency Pairs WEEK CLOSE PRIOR WEEK CLOSE % change USD/INR 82.31 82.57 -0.31 EUR/INR 88.66 88.79 -0.14 GBP/INR 103.21 102.03 1.15 JPY/INR 59.27 59.20 0.11 Brent Crude closed at USD 76.40 …
Major developments: USD is now at 82.31. USDINR opened at 82.32. Fwd premia – 1 year fwdpremia is at 1.78% p.a. -US debt deal was passed by US Congress. With uncertainty removed, USD declined as risk on trade was evident.-Rupee gained on flows …
Midcap index hits all-time high, smallcap index at fresh 52-week high in early trade BSE Midcap index hits fresh all-time high and BSE Smallcap index hits its fresh 52-week high, boosted by strong macroeconomic numbers and …