Fixed Income And Currency Market

26 Aug 2019

Government Measures to Provide Very Short Term Relief to the INR

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INR fell to Rs 72-mark against the USD for the first time in 2019, following s selloff in domestic equities and amid weakness in Chinese Yuan, which fell to a fresh 11-year low level. INR depreciated by 0.71% against the USD last week and depreciated by 0.52% against the euro.

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Ketan Verma
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