Money market (Week ended January 22, 2021) | Sunday Observer

Money market (Week ended January 22, 2021)

24 January, 2021

In the Forex market, The USD/Re. rate on spot next contracts was seen depreciating further during the week to close the week at Rs.196.50/198.50 against its previous weeks closing level of Rs.193.00/195.00 on the back of continued demand by Banks. The more demanded spot contracts traded at level of Rs.196.00 to Rs.197.50.

The daily USD/Re. average traded volume for the first four days of the week stood at US $ 52.34 million.  

Courtesy: Wealth Trust Securities Ltd