MarketData
\
Fixed Income And Currency Market
29 Jan 2024
USD gains after GDP data
The USD strengthened due to better-than-expected U.S. Q4 GDP growth of 3.3%. Despite a dip from the previous quarter, robust consumer spending drove the economy. India's INR held steady amid improved business activity and a rise in composite PMI to 61 in January.
Ketan Verma
Disclaimer:
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
RBI OMO Awaited as Nominal GDP Growth Falls
31 May 2020
Arjun Parthasarathy