Share Market Monthly Currencies Fundamental Report

Monthly Currencies Fundamental Report – July, 2023

10 July 20231 min read by Angel One

USDINR:The overall trend of the Rupee in Jun’23 was mostly strong on account of huge influx of funds into the system coupled with persistent intervention by the RBI in the spot market. In Jun’23 RBI Policy, the committee kept the Repo Rate unchanged at 6.50% and maintained the policy stance at ‘withdrawal of accommodation while supporting growth’.

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Monthly Currencies Fundamental Report – July, 2023

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