Fixed Income And Currency Market

14 Aug 2022

USD trades lower as inflation concerns ease

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USD traded lower last week as U.S. inflation was not as hot as anticipated in July. INR ended the week lower against USD. India’s retail inflation, which is measured by the Consumer Price Index (CPI), eased to a 5-month low of 6.71% in the month of July, down from 7.01% in June.

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Ketan Verma
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