Fixed Income And Currency Market

25 Apr 2021

INR may come under fresh pressure as RBI tries to contain bond yields -Weekly Currency

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INR depreciated by 0.75% against the USD to touch multi month lows. Factors like surge in covid cases, rise in inflation and rise in oil prices have driven the INR to depreciate. Fear of economic disruption due to lockdown is looming on the back of second wave of corona pandemic.

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Subhasis Mishra
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