EURINR trading range for the day is 86.39-87.13 - Kedia Advisory
USDINR
USDINR trading range for the day is 72.89-73.69.
USDINR dropped as investors looked to U.S. jobs figures later this week for clues on stimulus taper timing.
Moody's keeps India's GDP forecast for 2021 at 9.6%, 2022 at 7% for, unchanged from last publication in May
Moody's says expect reserve bank of India to maintain accommodative policy stance until economic growth prospects durably improve
EURINR
EURINR trading range for the day is 86.39-87.13.
Euro seen some pressure due to firmness in Rupee and prospects of slower global growth due to coronavirus outbreaks
Euro zone inflation surges to 10-year high, in big headache for ECB
German inflation hits fresh 13-yr high in August
GBPINR
GBPINR trading range for the day is 100.36-101.62.
GBP remained under pressure after UK mortgage lending unexpectedly falls
British consumers curbed their borrowing in July when the country was hit by a rise in COVID-19 cases which triggered tough self-isolation rules
UK mortgage approvals drop to 1-year low
JPYINR
JPYINR trading range for the day is 66.34-67.13.
JPY remained under pressure as worries over surging cases of COVID-19 persisted.
Japan consumer morale weakest in 3 months
Japan industrial output falls less than estimated
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EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory