Currently In Currency With Anindya Banerjee | 22nd September 2022
Kotak Market Mantra by Kotak Securities
Episode notes
USDINR is expected to clock a fresh all time high around 80.30 on spot. A very hawkish Fed and aggressive Putin can continue to drive US Dollar Index higher and thereby exerting an upward pressure on USDINR. Our bias is upward. In cross INR, our bias remains downward and we expect downward trend to continue in EURINR, GBPINR and JPYINR.