Indian bond traders will await a Rs 20,000 crore ($2.7b) sale of Treasury bills to gauge the direction of short-term rates. Rupee traders will watch for inflows with a large initial share sale due to open Thursday.
Currencies
Currencies are types of money used by countries for buying and selling goods and services. Each nation has its own currency, like dollars or euros, which helps people trade easily. They can be coins, notes, or digital money, and their value changes based on global markets.
USD/INR Fades Bounce off 2-week Low, Slip for the Second Week
USD/INR reverses the previous day’s corrective pullback from a fortnight low ahead of Friday’s European session. That said, the Indian rupee (INR) pair sellers attack the intraday low near 74.80, down 0.09% by the press time.
Rupee Bond Traders to Assess Extra Borrowing Report
Indian bond traders will assess a report that the government plans to borrow more than Rs 30,000 crore ($4 billion) to repay the debt of Air India, a move that may raise annual bond sales.
Rupee Bond Traders To Await RBI’s Reverse Repo
Indian rupee bond traders will look forward to the central bank’s liquidity-management operation Tuesday. The rupee may fall against the dollar as oil prices climb to a seven-year high.
US Jobs Report Coming up | Indian Rupee Defend | Neal Bhai
US Jobs Report Coming up: It felt like the market didn’t want to commit in either direction on Thursday, perhaps wanting to take some time to hold up and reflect ahead of today’s US jobs report.
Dollar Selling Opportunity? | Gold Silver Reports
Dollar selling opportunity? – Cash for clunkers – 10.5% more cash than one year ago, and that is the main driver behind accelerating US inflation. Had prices of used cars remained unchanged, the headline Consumer Price Index would be roughly 3.6%, not 5.4% as reported. Core CPI would also be substantially lower than the 4.5% YoY reported for June.
Rupee And Bond Update – July 13, 2021: Neal Bhai Reports
The Indian rupee appreciated for the second straight session on Monday against the dollar, tracking gains in most regional currencies and possible inflows related to an upcoming IPO.
Rupee Bond Traders To Weigh RBI Minutes, Auction
Rupee Bond Traders: Indian sovereign bond traders will assess the minutes of the central bank’s April meeting which focused on growth recovery and demand at a Rs 32,000-crore ($4.3billion) bond auction later on Friday.
Rupee prices Fall Is Hurting Bonds Now Among Asia’s Worst
A slide in the rupee prices is exacerbating a slump in Indian corporate dollar notes that are now among the worst performers in Asia, just as concerns mount that companies are hedging less.
USD/INR Price: Rupee gains below 75.00 even as India’s covid cases ease
USD/INR Price News: Rupee trims gains below 75.00 even as India’s covid cases ease