MarketData
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Fixed Income And Currency Market
28 Sept 2020
US Stimulus Package Uncertainty Drives USD Higher
INR traded lower against the USD last week as the market sentiment weakens amid concerns that a surge in COVID-19 cases may hamper economic recovery. However, INR garnered support from likely foreign fund inflows for initial public offerings of three Indian companies that were open for subscription for foreign investors.
Ketan Verma
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