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trade surplus is better than trade deficit because it entails a better balance of payments (BOP) while trade deficit entails poor balance of payments.trade surplus also implies that exports exceed
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The USD to INR forecast at the end of the month 68.61, change for September -3.0%. USD to INR forecast for October 2020. In the beginning rate at 68.61 Indian Rupees. High exchange rate 70.98, low 68.61. The average for the month 69.53. The USD to INR forecast at the end of the month 69.93, change for October 1.9%. Current Forecast of Indian Rupee to US Dollar INR/USD Exchange Rate with Chart of INR to USD and historical data. USD/INR price has also capped upside on a relatively softer US dollar. Indian rupee forecast will be determined by the resolution of the current tight trading range between 70.50 and 72.00.
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Mar yen futures (J6H0) are down -1.35 (-1.42%), and USD/JPY (^USDJPY) rose +3.70 (+3.54%). The dollar index on Friday jumped to a 2-week high. A sharp rally in stocks boosted T-note yields and the dollar. The dollar is also seeing safe-haven demand on continued worries about this week's systemic cracks in the global financial system. Index performance for Bloomberg Dollar Spot (BBDXY) including value, chart, profile & other market data.
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