GBPINR trading range for the day is 99.69-100.55 - Kedia Advisory
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USDINR
USDINR trading range for the day is 74.89-75.37.
USDINR dropped as a clutch of robust data underlining the economy's recovery from the COVID-19 pandemic
India estimates wider budget gap at over 7% vs 6.8% aim: Report
Govt debt at 62% of GDP; capable of repaying liabilities: MoS Finance
EURINR
EURINR trading range for the day is 84.85-85.61.
Euro dropped after the head of drugmaker Moderna said existing COVID-19 vaccines would be less effective against the new variant
Eurozone inflation accelerated more than expected to a record high in November driven by higher energy prices
Germany's unemployment declined more than expected in November
GBPINR
GBPINR trading range for the day is 99.69-100.55.
GBP dropped as traders feared the Bank of England may keep interest rates unchanged amid concerns about the Omicron coronavirus variant.
Investors worry that more COVID-19 restrictions would water down expectations for rate hikes in Britain.
Markets are pricing in around 8 bps of an increase in interest rates by the Bank of England on Dec.
JPYINR
JPYINR trading range for the day is 66.03-66.57.
JPY dropped as dollar rose after Federal Reserve Chair Jerome Powell signalled a faster taper of stimulus
Japan's PMI rose to 54.5 in November, up from 53.2 in October, the fastest pace of expansion in nearly four years.
BOJ will ease more only upon extreme market turbulence – board member Adachi
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EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory
