Indian Rupee Appreciates 0.1% Against US Dollar, Closes at 83.38
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#19e6c8d0 ver:1.22
The Indian rupee appreciated 0.1% against the US dollar, closing at 83.38. This was due to dollar inflows from domestic debt being included in the JP Morgan emerging market bond index. The rupee is expected to range between 83.15 and 83.65 next week, with the central bank intervening above 83.55. Oil prices were up, while the 10-year benchmark government bond remained unchanged. Liquidity in the banking system eased slightly, but market players are seeking more durable liquidity. #IndianRupee #CurrencyAppreciation #OilPrices #LiquidityConcerns...
#newstr #IndianRupee #UsDollar #CurrencyMarket #JpMorgan #EmergingMarketBondIndex #Rbi #OilPrices #GovernmentBond #Liquidity #VrrAuctions
https://here.news/story/19e6c8d0?ver=1.22