Fixed Income And Currency Market
16 Oct 2023
The USD strengthened on rising yields and inflation concerns, while the US CPI exceeded expectations. The Federal Reserve maintained a cautious approach, and the IMF raised US growth projections. INR fell but was supported by RBI interventions, with India's trade deficit below expectations and CPI inflation declining but remaining above the 4% target.
Information herein is believed to be reliable but Arjun Parthasarathy Editor: INRBONDS.com does not warrant its completeness or accuracy. Opinions and estimates are subject to change without notice. This information is not intended as an offer or solicitation for the purchase or sale of any financial instrument. The financial markets are inherently risky and it is assumed that those who trade these markets are fully aware of the risk of real loss involved. Unauthorized copying, distribution or sale of this publication is strictly prohibited. The author(s) of the content published in the site INRBONDS.com may or may not have investments in the assets discussed in the pages/posts.
Copyright © INRBONDS.com by Arjun Parthasarathy 2019-2024