USDINR-Weekly consolidation
Reserve Bank of India has conveyed to the market that they are close to the end of rate hiking cycle.
India has not increased rates as much as FED or most of other DM central banks
Indian rupee is close to end of consolidation above the long term wedge. Is it going to lose more value and reach towards 88?
#Nifty #Banknifty #USDINR #Rupee
India has not increased rates as much as FED or most of other DM central banks
Indian rupee is close to end of consolidation above the long term wedge. Is it going to lose more value and reach towards 88?
#Nifty #Banknifty #USDINR #Rupee
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