Fixed Income And Currency Market

28 Sept 2020

US Stimulus Package Uncertainty Drives USD Higher

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INR traded lower against the USD last week as the market sentiment weakens amid concerns that a surge in COVID-19 cases may hamper economic recovery. However, INR garnered support from likely foreign fund inflows for initial public offerings of three Indian companies that were open for subscription for foreign investors.

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Ketan Verma
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INR Fall is Temporary

24 Sept 2017

Ketan Verma