EURINR trading range for the day is 85.87-86.51 - Kedia Advisory
USDINR
USDINR trading range for the day is 74.06-74.66
USDINR dropped as India’s economy showed signs it’s ready to accelerate, thanks to its services sector resuming expansion and manufacturing activity retaining growth momentum
India manufacturing PMI expands at a faster pace in September
Citi predicts India’s central bank will raise its reverse repo rather than the December increase expected earlier
EURINR
EURINR trading range for the day is 85.87-86.51
Euro remained under pressure as supply bottlenecks dampened German manufacturing activity in September
IHS Markit's Germany's Final PMI for manufacturing, stood at 58.4, down from 62.6 in August.
Euro zone manufacturing growth remained strong in September but activity took a big hit from supply chain bottlenecks
GBPINR
GBPINR trading range for the day is 99.81-100.95.
GBP gained as support seen after Britain’s economy grew by more than previously thought in the April-June
Gross domestic product increased by 5.5% in the second quarter, the Office for National Statistics said
Governor Andrew Bailey said interest rates could rise as early as this year
JPYINR
JPYINR trading range for the day is 66.68-67.18
JPY remained supported as safe heaven amid escalating worries that supply disruptions worldwide could keep inflation elevated for a much longer period.
Japan's business mood improves on solid demand, hopes of post-COVID recovery
Japan Q3 business mood improves - BOJ tankan
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
Top News
Equitas Small Finance Bank jumps after SBIFML gets RBI`s nod to acquire up to 9.99% stake in...
Tag News
EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory