USDINR: Last week, the Indian Rupee initially weakened due to the cash and hedging dollar demand and higher US Dollar Index and yields. Other Asian currencies like the Chinese yuan and the Korean won have also weakened impacted by the yields. Download Report
NSE USD INR: NSE USDINR Apr as seen in the weekly chart above has opened the week gap down at 81.95 levels. Same day of the week price corrected and made weekly low of 81.85 levels. Later on, price could not able to sustain on lower levels, it has rallied sharply and made a weekly high …
USDINR: In the holiday shortened last week, the Indian Rupee traded in a range bound manner with a slight stronger bias on account of a huge inflow of funds that was expected to come on account of doubling of MSCI weightage. Download Report
Gold: The yellow metal continued to advance after the previous week’s strong conclusion, with prices increasing by more than 1% for the entire week. Gold prices started the holiday-shortened week strong and ended close to record highs seen in the year 2020. Download Report
NSE USD INR: NSE USDINR Apr as seen in the weekly chart above has opened the week gap down at 82.45 levels. Same day of the week price rallied and made weekly high of 82.62 levels. Later on, price could not able to sustain on higher levels, it has corrected sharply and made a weekly low …
USDINR: Last week, the Indian Rupee appreciated by almost 0.34 percent on account of huge corporate inflows. Furthermore, weak manufacturing and job openings data dented demand for the US Dollar Index. Download Report
Gold Gold prices rose slightly in the previous week, recouping the minor drop seen the previous week. This week, bullion prices ended the quarter and month on a higher note, as expectations that the Fed will consider a rate-hike pause in the aftermath of the failure of two US regional banks. The weaker US dollar …
NSE USD INR Apr as seen in the weekly chart above has opened the week gap down at 82.4650 levels. Same day of the week price rallied and made weekly high of 82.5150 levels. Later on, price could not able to sustain on higher levels, it has corrected sharply and made a weekly low of …
USDINR Last week, the Indian Rupee traded in a range bound manner with a slight stronger bias tracking the dollar’s broad losses on receding fears about the U.S. banking sector. A deal to buy the assets of Silicon Valley Bank (SVB) allayed concerns about the U.S. banking sector to an extent, undermining demand for the …
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 …
