USD/INR forecast at 79.8 by the end of 2023 – MUFG – by MSalordFX USDINR Banks India
t out analysts at MUFG. They expect the USD/INR pair to reach 79.8 by the end of 2023. Currently it is trading at 82.75.“INR was the worst performing currency among its Asian peers this year due to resuming net portfolio outflows of foreign investments in India’s equity markets amid a strong dollar, even as India’s Nifty50 and Sensex were outliers in mostmarket indices around the world sitting in red.
“We see USD/INR rise to 82.3 in 1Q23 before getting back on the declining trek thereafter to reach 79.8 at end of 2023.” If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
USD/INR Forecast: January 2023The USDINR will begin trading near the 82.7100 level when the New Year’s trading begins: forextrading technicalanalysis forex FX
Read more »
USD/INR: Higher Range as Speculative Suspicions ContemplatedThe $USDINR is displaying volatile price action early this morning after demonstrating the ability to trade over the 82.9200 mark early this morning.
Read more »
'GOAT' and 'irregardless' among 'banished words' for 2023The list is a 'tongue-in-cheek' compilation done every year by Lake Superior State University, which says more than 1,500 words were nominated for 'banishment' due to their 'misuse, overuse and uselessness.'
Read more »
'GOAT' and 'irregardless' among 'banished words' for 2023The list is a 'tongue-in-cheek' compilation done every year by Lake Superior State University, which says more than 1,500 words were nominated for 'banishment' due to their 'misuse, overuse and uselessness.'
Read more »
‘Barbie,’ ‘Cocaine Bear,’ ‘Oppenheimer’ among the 40+ big films coming in 2023Also on deck are the latest installments of 'John Wick,' 'Creed,' 'Indiana Jones,' 'Mission: Impossible,' 'Dune' and many more.
Read more »