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27-03-2023 - MONDAY

The dollar was firm in Asian Market opening trades today, while the yen hovered near its seven-week peak as investors assessed moves made by authorities and regulators to rein in worries over the global banking system. The dollar index, which measures the currency against six rivals, was up 0.078% at 103.05, having gained 0.5% on Friday amid banking jitters, with shares of Deutsche Bank sliding nearly 9%. Global banking stocks have been battered through the month in the wake of the collapse of two U.S. lenders and the rescue of embattled Swiss bank Credit Suisse last week, with authorities stepping in to ease investors nerves. The U.S. Financial Stability Oversight Council said the U.S. banking system was \"sound and resilient\" despite stress on some institutions. Investors, though, remain wary. Pragmatic action by central banks, governments, and the private sector has thus far been insufficient to allow investors to be confident that the problem is ring-fenced. Markets are pricing in an 87% chance of the Fed\'s standing pat on interest rates in its next meeting in May and anticipate a rate cut as early as July. In currencies today, risk-wary investors sent the yen to a seven-week high of 129.65 per dollar on Friday, but currently trading lower at 130.70. the euro was up 0.03% to $1.0762, after falling 0.6% on Friday. Sterling was at $1.2241, up 0.06% on the day, having slid 0.5% on Friday. 
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INR Rates

Symbol   Bid  ASK
USD82.75 82.76
GBP99.47377 99.50688
EUR87.5826 87.60743
JPY0.61237 0.61242
CHF88.48375 88.53108
AUD56.14588 56.15415
SGD61.53789 61.5562
CAD60.98909 60.99808
NZD51.42085 51.45395
*Closing Rates on : 2023-02-24

Stock Indices

IndexPointsChange
BSE Sensex57579.1452.04
S&P CNX Nifty16956.3511.3
NASDAQ12767.04837.815
HangSeng19567.69-347.99
DJ IA31097.9756.84
DAX15128.76171.53
2007 MIDAS FOREX
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