USD/INR Price News: Retreats below 2021 highs on IMF outlook, US CPI eyed
13.10.2021, 06:14

USD/INR Price News: Retreats below 2021 highs on IMF outlook, US CPI eyed

  • USD/INR edges lower on Wednesday in the early European session.
  • INR appreciates on IMF growth outlook.
  • US Doller Index retreats from yearly highs near 94.50.

USD/INR came under pressure after testing the high intraday high around 75.50 on Wednesday. After posting yearly highs in the previous session, the pair retreats following the depreciative move in the greenback. At the time of writing, USD/INR is trading at 75.41, down 0.08% for the day.

US Dollar retreats from one -year high

The US Dollar Index, which tracks the greenback performance against its six major rivals, trades at 94.37 with 0.15% losses. The market sentiment is being cautious on the increased bet that Fed will announce tapering to begin as soon as November. Minutes of the FOMC meeting and the US Core Purchasing Inflation (CPI) index due later today is keenly awaited for more clues on the Fed’s action.

Indian Rupee (INR) appreciated the following reports from the International Monetary Fund (IMF), which stated that India’s economy is expected to grow by 9.5% in 2021 and 8.5% in 2022. The projection is way higher than the developed economies.

As for now, the dynamics around the US dollar continue to influence the pair’s performance.

USD/INR additional levels


 

© 2000-2024. Sva prava zaštićena.

Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

Politika sprečavanja pranja novca

Upozorenje o rizicima

Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.

Politika poverenja

Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.

Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.

Банковни
транcфери
Feedback
Lajv čet E-mail
Povratak na vrh
Izaberi lokaciju / jezik