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 and resistance is at 77.55. Fear of excessive rates tightening, Chinese lockdown and Ukraine war continue to dominate economic and market developments. -USDINR is at 77.24 .Prior day’s close was 77.46. -Indian Equity indices trade marginally higher. -Indian 10 year G-SEC yield is at 7.39%. …
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Major developments: USD is now at 82.66. USDINR opened at 82.67. Fwd premia – 1 year fwdpremia is at 1.75% p.a. -Indian Q4 GDP is due for release tomorrow.-USDINR Fwd premia softens further.-US ISM and employment data are key events for the week.RBI ref rate: -USDINR is at 82.66.Prior day’s close was 82.63.-Indian Equity indices climb. -Indian 10 year G-SEC yield is at 7.02%.-USDINR 1 yr fwd premia is at 1.75%. USDINR @ 82.66, EUR/USD@ 1.0708, GBP/USD @ 1.2357, USD/JPY @ 140.31, EUR/INR @ 88.51, GBP/INR …
USDINR opened at 82.58 y’day and the pair traded in the 82.51-82.67 range. Spot USDINR closed at 82.63, gain of 6 ps for USD as against prior close of 82.57. RBI reference rate was fixed at 82.55 on 29/05. June USD/INR closed at 82.71, loss of 2 ps for USD as compared to prior day’s close of 82.69. June Euro/INR closed at 88.81, GBP/INR at 102.15 and Yen/INR at 59.35. 1 year USDINR fwd premia was trading at around 1.85% p.a. FX reserves …
Sensex nears 63k, M&M, HDFC shines. Sensex gains 450 pts and Nifty 130 pts; Auto and Finance indices shine; Pharma drags Stocks to Watch: M&M, Reliance, ONGC, Aurobindo Pharma, Maruti Suzuki, Sun Pharma, Bajaj Electricals, Karnataka Bank, Vodafone Idea, and Samvardhana Motherson International PTC India logs 8% decline in FY23 net profit at ₹507.15 crore; revenue from operations in the last financial year was 4.8% lower Mahindra Q4 profit rises 18 pc to ₹2,637 cr; FY23 profit up 56 pc; …
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Major developments: USD is now at 82.57. USDINR opened at 82.58. Fwd premia – 1 year fwdpremia is at 1.83% p.a. -Indian Q4 GDP is due this week.-US ISM and employment data are key events for the week.RBI ref rate: -USDINR is at 82.57.Prior day’s close was 82.57.-Indian Equity indices climb. -Indian 10 year G-SEC yield is at 7%.-USDINR 1 yr fwd premia is at 1.83%. USDINR @ 82.57, EUR/USD@ 1.0733, GBP/USD @ 1.2352, USD/JPY @ 140.41, EUR/INR @ 88.64, GBP/INR @ 102, JPY/INR @ 58.81.Gold@1963, …
USDINR opened at 82.73 on Friday and the pair traded in the 82.56-82.73 range. Spot USDINR closed at 82.57, loss of 17 ps for USD as against prior close of 82.74. RBI reference rate was fixed at 82.72 on 25/05. May USD/INR closed at 82.62, loss of 13 ps for USD as compared to prior day’s close of 82.75. May Euro/INR closed at 88.77, GBP/INR at 102.32 and Yen/INR at 59.15. 1 year USDINR fwd premia was trading at around 1.85% p.a. …
Currency Map: Currency Pairs WEEK CLOSE PRIOR WEEK CLOSE % change USD/INR 82.57 82.67 -0.12 EUR/INR 88.79 89.32 -0.59 GBP/INR 102.03 102.71 -0.66 JPY/INR 59.20 59.98 -1.30 Brent Crude closed at USD 77 VS prior week close of USD 71.50. Gold closed at USD 1946. Nifty closed at 18499 vs prior week close of 18203. 10 Year G-SEC Yield closed at 7%. Major developments: USDINR traded in the 82.56-82.85 range last week and closed at 82.57 loss of 10 ps …
Major developments: USD is now at 82.70. USDINR opened at 82.73. Fwd premia – 1 year fwdpremia is at 1.85% p.a. -USDINR premia declines further as US Yields climb higher.-US Core PCE index data is the key event for the dayRBI ref rate: -USDINR is at 82.70.Prior day’s close was 82.74.-Indian Equity indices climb. -Indian 10 year G-SEC yield is at 7.02%.-USDINR 1 yr fwd premia is at 1.83%. USDINR @ 82.70, EUR/USD@ 1.0739, GBP/USD @ 1.2334, USD/JPY @ 139.74, EUR/INR @ 88.81, GBP/INR @ 102.01, …
USDINR opened at 82.75 y’day and the pair traded in the 82.71-82.78 range. Spot USDINR closed at 82.74, gain of 7 ps for USD as against prior close of 82.67. RBI reference rate was fixed at 82.74 on 25/05. May USD/INR closed at 82.75, gain of 5 ps for USD as compared to prior day’s close of 82.70. May Euro/INR closed at 88.85, GBP/INR at 102.34 and Yen/INR at 59.34. 1 year USDINR fwd premia was trading at around 1.95% p.a. FX reserves …
Major developments: USD is now at 82.74. USDINR opened at 82.75. Fwd premia – 1 year fwdpremia is at 1.92% p.a. -FOMC minutes showed that members were divided on future rate movement.-US debt ceiling impasse continues, with the hope that a solution will be found.-UK Core inflation remains at 31 year high, sparking expectations of 25 bps rate hike.RBI ref rate: -USDINR is at 82.74.Prior day’s close was 82.67.-Indian Equity indices decline. -Indian 10 year G-SEC yield is at 7%.-USDINR 1 yr fwd premia is …