Fixed Income And Currency Market

20 Jan 2020

Risk Appetite Positive for INR but RBI and Economy Weighs

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Despite the improvement in global risk appetite, INR traded lower against the USD last week as market participants remained cautious over the state of the economy after India’s headline inflation surged to an over five-year high of 7.35% in December from 5.54% in the previous month.

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Ketan Verma
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