USD/INR set to remain firm over the coming months – ING USDINR India Banks
The Indian Rupee is almost back to where it started the year. Economists at ING expect the INR to struggle to gain ground against the Dollar.“Inflation remains stubbornly high, with the most recent prints showing a return to above-target headline inflation and a new focus on coremaking it unlikely that the Reserve Bank of India has completed its tightening cycle just yet.”
“And the whole issue of global bond inclusion has gone awfully quiet. With $30bn-$40bn of estimated inflows at stake, this will make a difference, if it happens. Announcement due 30 March.”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
USD/INR Price News: Indian Rupee dribbles near 81.80 amid mixed feelings for Fed Chair PowellUSD/INR Price News: Indian Rupee dribbles near 81.80 amid mixed feelings for Fed Chair Powell – by anilpanchal7 USDINR RiskAppetite Fed China Currencies
Weiterlesen »
USD/INR: Continued consolidation within the 80-83.50 range near term – CommerzbankEconomists at Commerzbank expect the USD/INR pair to continue trading within the 80-83.50 range for the time being. Robust services sector “The S&P Gl
Weiterlesen »
USD/INR set to test crucial support zone at 80.80/80.50 – SocGenUSD/INR has evolved within a sideways consolidation since last October. Analysts at Société Générale expect the pair to challenge the 80.80/50 support
Weiterlesen »
USD/INR Price Analysis: Indian Rupee retreats from one-month low, 82.15-20 is the key supportUSD/INR Price Analysis: Indian Rupee retreats from one-month low, 82.15-20 is the key support USDINR Technical Analysis SwingTrading ChartPatterns SupportResistance
Weiterlesen »
EUR/USD probably ends March in the 1.07/1.08 area – INGEUR/USD managed to register small gains last week on the back of Friday's rebound. Economists at ING expect the pair to end the month in the 1.07/08 z
Weiterlesen »
Another range-bound week for the Dollar – INGFX markets have opened the week on a steady footing, buoyed by a strong end to last week from equities and appearing to shake off a slightly lower-tha
Weiterlesen »