USD/INR: Further Rupee selling towards 84.00 if pre-Diwali bounce in equities unravels – SocGen

Notícias do Mercado

14 novembro 2023

USD/INR: Further Rupee selling towards 84.00 if pre-Diwali bounce in equities unravels – SocGen

The INR slipped to a fresh record low of 83.4775 against the USD on Friday. Economists at Société Générale analyze USD/INR outlook.

RBI likely to manage INR depreciation

The RBI is pursuing an explanation from Financial Technologies Group Ltd. and data provider LSEG about an outage in the spot FX market.

The RBI is likely to manage INR depreciation as Diwali festival leads to a decline in FX trading activity.

Investors brace for further selling towards 84.00 if the pre-Diwali bounce in equities unravels.

Switzerland Producer and Import Prices (MoM) climbed from previous -0.1% to 0.2% in October

FX option expiries for Nov 14 NY cut

O foco de mercado

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Abrir Conta Demo e Página Pessoal

Área pessoal

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.

Política de privacidade