- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- USD/INR: Indian rupee to remain under pressure – MUFG
USD/INR: Indian rupee to remain under pressure – MUFG
Analysts at MUFG Bank remain bearish on the Indian rupee. They forecast USD/INR at 80.500 by the end of the third quarter, and at 81.000 by the end of the year.
Key Quotes:
“During July the Indian rupee plunged against the US dollar in terms of London closing rates from 78.970 to 79.253. The Reserve Bank of India (RBI) is expected to raise the benchmark repo rate by 50bps to 5.40% at the upcoming MPC meeting on 5th August, which would mark the third rate hike this year following a cumulative 90bps of rate hikes since May.”
“The Indian rupee hit a new record low of 80.180 against the US dollar in July, mainly driven by ongoing US dollar strength on expectations of aggressive Fed policy tightening and global growth fears. This prompted the RBI to impose a slew of measures to shore up the INR such as raising the gold import duty and easing rules for NRI deposits. In addition, RBI Governor Das strongly expressed that the central bank has “zero tolerance” for rupee volatility – an indication that the RBI likely intervened in the FX market to soothe rupee volatility.”
“We remain bearish on the rupee in 2H22 as recent measures introduced to shore up the currency are not sufficient to offset downward pressures stemming from extended US dollar strength, risks of further portfolio outflows, and larger trade and current account deficits.”
© 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.
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.
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
