WEEKLY OUTLOOK - USDINR

Events effect rupee this week:-

• OIL HANGING BETWEEN GROWTH & SLOWDOWN

• CORPORATE EARNING & GUIDELINES – WALL STREET

• RBI BUYING DOLLAR ON EVERY DIP

• VOLATILITY IS NEW TREND

WEEKLY OUTLOOK – 69.77 (70.20 – 71.18) 71.72

HIGHLIGHTS - 7TH JAN’19 – 11TH JAN 2019

• WORLD BANK KIM RESIGNED

• GOLD NEAR $ 1300

• HIGHER TRADE DEFICIT OF INDIAN ECONOMY REMAINS THE BIGGEST CONCERN

• ASIAN INDICES 1.5 MONTH HIGH

• 10 YEAR YIELDS STABLE

• MODI TRUMP DISCUSS ON TRADE VIA TELEPHONE

• REUTERS – USDCNY IN 7 NEXT 6 MONTH