![]() ![]() ![]() ![]() FXStreet has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: errors and omissions may occur. Opinions expressed at FXStreet are those of the individual authors and do not necessarily represent the opinion of FXStreet or its management. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The high degree of leverage can work against you as well as for you. Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. Please read our privacy policy and legal disclaimer. The use of this website constitutes acceptance of our user agreement. Note: All information on this page is subject to change. They are key indicators to measure inflation and changes in purchasing trends. It is measured among others by the CPI (Core Price Index) and the PPI (Production Price Index). Inflation is another economic value that is important for the USD/INR pair. If a steady demand in exchange for INR exports is seen, that would turn into a positive growth in the trade balance, and that should be positive for the INR. It is an event that generates some volatility for the USD/INR. A positive value shows a trade surplus, while a negative value shows a trade deficit. In terms of economic data, we should highlight the Trade Account Balance, a balance between exports and imports of total goods and services. The US Government (and its President Joe Biden): events as administration statements, new laws and regulations or fiscal policy can increase or decrease the value of the US Dollar and the currencies traded against it, in this case the Bank of India.The Fed controls the monetary policy, through active duties such as managing interest rates, setting the reserve requirement, and acting as a lender of last resort to the banking sector during times of bank insolvency or financial crisis. Fed, the Federal Reserve of the United States of America whose president is Jerome Powell.Government of India, often abbreviated as GoI, (whose President is Ram Nath Kovind) and its Ministry of Finance (whose minister is Nirmala Sitharaman) that implement policies that affect the economy of the country.It plays an important part in the Development Strategy of the Government of India, issues statements and decides on the interest rates of the country. RBI is the regulator of entire Banking in India. Reserve Bank of India which controls the issue and supply of the Indian rupee.In India, the organizations and people that affect the most the moves of the USD/INR pair are: ORGANIZATIONS, PEOPLE AND ECONOMIC DATA THAT INFLUENCE USD/INR Indices: S&P BSE SENSEX (S&P Bombay Stock Exchange Sensitive Index), NIFTY (National Stock Exchange of India's benchmark stock market index for Indian equity market) and NSE (National Stock Exchange of India Ltd).Bonds: T-NOTE 10Y (10 year United States Treasury note) and GIND10YR (India Government Bond Generic Bid Yield 10 Year).Commodities: Gold, oil and silver (India is a major oil and commodity importer).The Rupee is symbolized by ₹ and is the 20th most traded currency worldwide. The USD/INR pair tells the trader how many Indian Rupees (the quote currency) are needed to purchase one U.S. ![]()
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