FX RATES AND USDINR FWDS :
Major developments:
USD is now at 82.43. USDINR opened at 82.36. Fwd premia – 1 year fwdpremia is at 1.60% p.a.
-Fed’s minutes indicated further rate hikes. Members were concerned about inflation and tight labor market. Earlier expectation was for one rate hike in July.
-Eur/USD fell to 1.0840.
-US Yields inched higher with 10 Year at 3.94%.
-Due to climb in US Yields, USDINR fwd premia softened to 1.6% annualized for 1 year.-Indian PMI(services) remained robust at 58.5. However, it has declined from May levels.
-US employment, ISM(services) data, ADP employment report are important events for the week.
RBI ref rates
| |
-USDINR is at 82.43. Prior day’s close was 82.22.-Indian Equity indices climb.
-Indian 10 year G-SEC yield is at 7.13%.
-USDINR 1 yr fwd premia is at 1.60%.USDINR @ 82.43, EUR/USD@ 1.0843, GBP/USD @ 1.2704, USD/JPY @ 143.89, EUR/INR @ 89.38, GBP/INR @ 104.72, JPY/INR @ 57.28Gold@1925, Brent Crude @ 76.40, Nifty @ 19453(+54), 10 Year G-SEC @ 7.13%.
Click to open an Account : https://ekyc.gwcindia.in/client/
For all your investment needs feel free to reach us.
Give us Missed Call us on 90037 90027 . For Support : 044-40329999
2706
October 1, 2023Wrjte more, thatgs all I have to say. Literally, iit seems as thohgh yoou relied oon the video to maoe
youjr point. You bviously know hat yyoure talking about, why throw away ykur intdlligence
on jyst posting videoss to ykur weblog when you could be giving uss something inforrmative
tto read?
7320
October 1, 2023Ijust lke thee valluable info yoou supply onn yolur articles.
I’ll bookmarkk yolur wenlog and checdk agan right hre frequently.
I’m somewha certain I’ll bbe told many nnew stufff
proper here! Best of luck forr tthe next!
2030
October 2, 2023Excellen blog here! Also your website loacs upp fast! Whaat hoswt are you using?
Cann I gget yor afgfiliate link too your host? I wish mmy sie
loaded up as fast aas yours lol