EURINR trading range for the day is 82.28-82.84 - Kedia Advisory
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USDINR
USDINR trading range for the day is 78.15-78.45.
USDINR remained supported due to demand for dollars from oil importers and broad fears of economic slowdown and faster rate hikes.
Retail inflation may exceed top of RBI band until December: Shaktikanta Das
Indian economy to grow by 7-7.8 pc in FY23 despite global headwinds
EURINR
EURINR trading range for the day is 82.28-82.84.
Euro gains but upside was capped amid the weak economic outlook and with market sentiment still jittery from fears about a possible recession
The Ifo Business Climate indicator for Germany fell to 92.3 in June of 2022 from a 3-month high
Data showed business activity in the bloc had slowed much more than expected in June
GBPINR
GBPINR trading range for the day is 95.68-96.75.
GBP rose as a weaker greenback and better-than-expected retail data allowed investors to look past mounting pressure on British PM Johnson.
UK retail sales fall in May as cost of living squeeze tightens
Boris Johnson’s party took another blow after losing two seats in a key by-election, including in a conservative stronghold.
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EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory
