USD/INR

thread: USD/INR

  1. #1

    USD/INR

    Weekly Monthly seems to signalize a price for a number of shorts.
    Short @ 55.35, Target 50.00

  2. #2
    Indian currency is going down with regard to US dollar. Currently, 1 US dollar is between 55 - 56 Indian rupee.

  3. #3
    Member
    30
    NR strengthens 0.2%, most in a week, to 54.7475, before RBI policy, INR's 1-month implied volatility up 18 bps to 10.225% , 12-month forward fall for 4th afternoon, dropping 0.1% to 57.91 1-year IRS slip to 7.6250% from 7.6300% yesterday; 5-year contracts grow to 7.130% from 7.125% , 10Y flat at 8.143%

  4. #4
    Junior Member yuste07's Avatar
    18
    NR strengthens 0.2 percent, most in a week, to 54.7475, until RBI policy, INR's 1-month implied volatility upward 18 bps into 10.225 percent , 12-month forwards fall for 4th afternoon, falling 0.1 percent to 57.91 1-year IRS slide to 7.6250 percent from 7.6300 percent yesterday; 5-year contracts grow to 7.130 percent from 7.125 percent , 10Y flat at 8.143 percent
    Which broker you guys are using for this pair and interest rates becoming a week or day?

  5. #5
    Senior Member edukyplug's Avatar
    122
    Bearish on INR is SEBI if bank does not cut rates. Falling crude oil will further bring down INR/USD

  6. #6
    Weekly Monthly seems to sig
    Short @ 55.35, Target 50.00
    I'm expecting it to be between 57-53 for another 6-7 weeks....anyway it won't come down that is my analysis...

    Because govt. Is not introducing any reforms except talking.Foreign investors have taken 500million dollars last april and they won't arrive back until india indies some expansion in private industry...

    still a long way to go. . .at present lets get used to the new foreign exchange rates...

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