EURINR trading range for the day is 88.27-89.37 - Kedia Advisory
USDINR
USDINR trading range for the day is 82.49-82.83
Rupee ended little changed as investors were wary ahead ofa pivotal U.S. Federal Reserve bank meeting decisionThe Fed raised rates by 25bps to 4.75%-5%, as expected, tofight elevated inflation and signaled greater uncertainty aboutfuture hikes
India's trade deficit shrank in Jan and Feb, promptingeconomists to lower CAD forecasts further for FY23, FY24
EURINR
EURINR trading range for the day is 88.27-89.37
Euro gains amid easing concerns about the global banking crisis
ECB President Christine Lagarde reiterated the European CentralBank remains ready to support euro zone banks with loans ifneeded
The annual producer inflation in Germany slowed for the fifthstraight month to a 17-month low of 15.8% in February 2023
GBPINR
GBPINR trading range for the day is 100.84-101.52
GBP gains as the flight to safety eased, with investors digestingthe latest developments in the banking secto
Annual inflation rate in the UK unexpectedly edged higher to10.4% in February of 2023 from 10.1% in January
The BoE noted that the UK banking system was well-capitalizedand funded and remained safe and sound
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