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Weekly Currencies Fundamental Report – 24th March 2023

29 March 20231 min read by Angel One
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Last week, the Indian Rupee traded in a range bound manner with a slight stronger bias owing to the overnight deal between UBS and Credit Suisse that revived the sentiments though temporarily. Moreover, the U.S. Federal Reserve hiked rates by 25 basis points and signaled it was closer to the end of its tightening cycle amid turmoil in the financial markets.

 

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