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Monthly Currencies Fundamental Report – October, 2023

Author Published on: October 16, 2023 at 10:37 PM UTC
Monthly Currencies Fundamental Report – October, 2023
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USDINR: The entire month of Sep’23 saw a positive trend in the Indian Rupee on account of suspected inflows in the system. In a recent discussion, it was mentioned that the Indian government bonds will become part of JPMorgan Chase & Co.’s emerging markets bond index. The inclusion will happen in a staggered manner over 10 months between 28th Jun’24 and 31st Mar’25, it said.

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