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Fixed Income And Currency Market
14 Mar 2022
USD trades higher ahead Fed FOMC
USD ended the week higher following the release of US inflation data. The data showed that the cost of living in the US jumped to a fresh 40 year high of 7.9%. This was up from 7.5% recorded in January. INR edges lower as near tern inflation expectations eased, however, this is likely to be short-lived.
Ketan Verma
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