8/3/2023 0 Comments Dollar vs indian rupee![]() XM does not direct its website and services to any individual in any country in which the use of its website and services are prohibited by local laws or regulations. Restricted Regions: XM Global Limited does not provide services for the residents of certain countries, such as the United States of America, Canada, Israel and the Islamic Republic of Iran. Please read and ensure you fully understand our Risk Disclosure. Risk Warning: Forex and CFD trading involves a significant risk to your invested capital. XM Global Limited, authorised and regulated by the Financial Services Commission (FSC) (license number 000261/397) and Trading Point of Financial Instruments Limited, authorised and regulated by Cyprus Securities and Exchange Commission (CySEC) (licence number 120/10), are members of Trading Point Group. Legal: This website is operated by XM Global Limited with registered address at Suite 404, The Matalon, Coney Drive, Belize City, Belize. Research and Risk Warning concerning the foregoing information, which can be accessed here. ![]() Please ensure that you have read and understood our Notification on Non-Independent Investment. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Trading on any financial market involves a significant level of risk to your capital.Īll material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations or a record of our trading prices or an offer of, or solicitation for, a transaction in any financial instruments or unsolicited financial promotions to you.Īny third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Such content is therefore provided as no more than general information. Such access and use are always subject to: (i) Terms and Conditions (ii) Risk Warnings and (iii) Full Disclaimer. Reporting by Nallur Sethuraman in Mumbai Editing by Dhanya Ann Thoppilĭisclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Markets are waiting for a rate decision from the Bank of England later in the day while also watching India's inflation numbers, due Friday. "Overall, the CPI outcome shall support the view that the Fed is done tightening, but it may not be dovish enough to justify the hefty rate cuts currently priced by the market," analysts at OCBC wrote in a note.įutures indicate a rate cut in September. inflation, which slowed slightly more than expected last month, offered little clues to the Federal Reserve's rate trajectory. If the support at 81.85 for USD/INR holds, another upswing is possible, which may not be directional, until the resistance at 82.2 is broken, said Anand James, chief market strategist at Geojit Financial Services There were no major inflows or outflows during the day," said Dilip Parmar, research analyst at HDFC Securities.Īsian currencies were also mostly weaker through the day. ![]() "What we saw in rupee is more of reflections of the dollar index. ![]() DXY rose 0.46% on Thursday after holding stable following U.S. dollar on Thursday, against the previous session's 81.9850. ![]() MUMBAI, May 11 (Reuters) -The Indian rupee weakened on Thursday, closer to the near two-week lows hit earlier this week, weighed by broad strength in the dollar index. Compare various denominations for the US Dollar / Indian Rupee exchange rate conversion on the 27th February 2023 using the data table below.INDIA RUPEE-Indian rupee holds near 2-week lows on strengthening US dollar ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |