Analysis

Weekly FX outlook

  • UK GDP in the final quarter of 2020, expanded by 1.3%, up from an initial estimate of 1% growth.    
  • Nonfarm Payrolls (NFP) in March surged by 916,000, beating the market expectation of 647,000 by a wide margin.     
  • India's forex reserves declined by USD 2.98 bn to reach USD 579.28 bn in the week ended on 26th March.

 

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