IGI Logo

USDINR

USDINR trading range for the day is 74.31-74.73.

USDINR remained in range amid easing crude oil prices and net dollar inflows through share purchases by foreign institutional investors.

Investors also got confidence as the country reported its October inflation at 4.48%, within the RBI’s target range

India is eyeing a slew of measures, including fiscal incentives and stricter regulations

EURINR

EURINR trading range for the day is 85.17-85.61.

Euro remained supported as Germany’s inflation rate will drop noticeably at the start of next year

Euro zone industrial production dipped by less than expected in September, data showed

The euro zone economy will grow faster than previously expected this year as it recovers from the pandemic-induced recession

GBPINR

GBPINR trading range for the day is 99.79-100.33.

GBP remained steadied as investors focused on talks over post-Brexit trade arrangements for Northern Ireland

UK employers plan only modest pay rises, easing BoE inflation worries

The UK economy expanded at a slower pace in the third quarter on negative contribution from net trade and the recent supply chain challenges

JPYINR

JPYINR trading range for the day is 65.26-65.7.

JPY remained supported amid as markets awaited fresh clues on the US economy and the likely direction of monetary policy.

Japan's economy contracts for first time in 2 quarters

BOJ's Kuroda projects inflation approaching 1% mid-next year

To Read Complete Report & Disclaimer Click Here

Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer