MarketData
\
Fixed Income And Currency Market
9 Oct 2022
INR breaches Rs 82 per USD and on way to Rs 85
INR on Friday breached yet another psychologically crucial level of Rs 82 per USD on rising crude oil prices and on chances of aggressive rate hikes by the US Federal Reserve that led to a rally in the USD globally. USD was higher on the tight labour market and hawkish commentary from the Federal Reserve officials
Ketan Verma
Disclaimer:
Information herein is believed to be reliable but Arjun Parthasarathy Editor: INRBONDS.com does not warrant its completeness or accuracy. Opinions and estimates are subject to change without notice. This information is not intended as an offer or solicitation for the purchase or sale of any financial instrument. The financial markets are inherently risky and it is assumed that those who trade these markets are fully aware of the risk of real loss involved. Unauthorized copying, distribution or sale of this publication is strictly prohibited. The author(s) of the content published in the site INRBONDS.com may or may not have investments in the assets discussed in the pages/posts.
Copyright © INRBONDS.com by Arjun Parthasarathy 2019-2024
RBI is Intent on Keeping Down Yields, Shackling Market Shorting Intentions
6 Sept 2020
Arjun Parthasarathy