Foreign money Market At the moment: Rupee trades close to all-time low as markets await US CPI and Fed charge determination

The rupee is at the moment buying and selling at 83.56 per greenback, near its all-time closing low of 83.57, which it hit on Tuesday. The foreign exchange market is awaiting immediately’s US Could CPI print and the Fed charge determination. IFA World, in a report, mentioned US headline and core CPI prints are anticipated … Read more

Forex Outlook: Greenback index stays weak to fall extra

The greenback index and the US Treasury yields fell final week. The set off for the autumn got here from the inflation knowledge launch on Wednesday. The US Headline Shopper Worth Index (CPI) rose 3.36 per cent (year-on-year) in April. This was down from a 3.48 per cent rise in March. The Core CPI got … Read more