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USD/INR underpinned by stocks

USD/INR to open steady around 62.83 vs 62.77 previous close Risk aversion, selling pressure in bonds and stocks underpin NDFs rallied on rapid buying overnight, 1month 63.17-63.32 range, closed 63.28-32 Sensex -0.47% to …

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  • USD/INR to open steady around 62.83 vs 62.77 previous close

  • Risk aversion, selling pressure in bonds and stocks underpin

  • NDFs rallied on rapid buying overnight, 1month 63.17-63.32 range, closed 63.28-32

  • Sensex -0.47% to 287109 points, weakest since 11 Feb 

 

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