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 82.57. 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 …
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 …
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 …
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 …
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 …
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 …
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. …