It was a unstable week for the greenback index. The buck fell sharply after the inflation information launch from the US on Wednesday. Nevertheless, it managed to get better after the Federal Reserve assembly final result. The sharp fall within the euro in the direction of the tip of the week supported the greenback index … Read more
2022 was the worst yr for the Indian rupee since 2013. Whereas then it was a mix of world (taper tantrum) and home components (excessive inflation), this time it was primarily pushed by international components. Thus, after witnessing a couple of years of calm with gradual 2 per cent common fall towards the greenback for … Read more
The rupee on Friday logged its greatest single-day achieve in over eight months, propelled by strong greenback inflows and a seamless rally within the home fairness markets. The rupee closed at 83 per greenback , 33 paise stronger in contrast with the earlier shut of 83.33. the rupee appreciated under the 83 stage to an intraday … Read more
The US Treasury yields, and the greenback index have been crushed down badly final week. The result of the US Federal Reserve assembly on Wednesday triggered a pointy fall in each the yields and the buck. The US Fed left the rates of interest unchanged at 5.25-5.5 per cent consistent with the market expectation. Nonetheless, … Read more