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Abstract：Powered by WikiFX: (GOLD, EUR/USD, GBP/USD, USD/JPY, ) Technical Analysis April 26, 2023
Please note that due to market volatility, some of the key levels may have already been reached and scenarios played out.
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The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
The International Monetary Fund has raised India's FY27 growth forecast to 7%, up 60 basis points from its July estimate, even as retail inflation climbs to 5.5% and the rupee hovers near record lows.
The rupee became Asia's best-performing currency on Tuesday, gaining 0.5% and climbing to a one-month high after the Reserve Bank of India widened restrictions on offshore rupee-linked derivatives and intervened in the spot market. By Wednesday it had stalled.
The claim landed in the same news cycle as a harder number. The IMF now projects Pakistan's FY2026-27 inflation at 9.9% and growth at 3.5%, according to Dawn, Geo News, Daily Times, Bol News and ARY News. The government's own target for the year is 4%.
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