01-01-1970 12:00 AM | Source: Kedia Advisory
EURINR trading range for the day is 86.44-86.88 - Kedia Advisory
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USDINR

USDINR trading range for the day is 73.4-73.72

USDINR remained in range as a series of government support schemes boosted sentiment.

The finance ministry announced a 306.00 billion rupees ($4.16 bln) guarantee for securities to be issued by a newly incorporated “bad bank”

India is expected to grow at 7.2 per cent in 2021 but economic growth could decelerate next year

EURINR

EURINR trading range for the day is 86.44-86.88.

Euro steadied after a report suggested that the European Central Bank expects to hit its inflation target by 2025

German economy to grow 2.1% in 2021, 4.9% in 2022 - DIW

ECB's Rehn warns governments to count on higher rates

GBPINR

GBPINR trading range for the day is 101.22-101.78.

GBP remained under pressure as UK retail sales undershot expectations

British retail sales volumes unexpectedly fell last month in their longest streak of declines since current records began

The British public’s expectations for consumer prices over the coming year rose last month but remained at levels similar to early this year and late last year

JPYINR

JPYINR trading range for the day is 66.77-67.17.

JPY remained under pressure amid worries over a slowdown in global growth, uncertainties over Fed's tapering timeline.

Bank of Japan Governor Haruhiko Kuroda said the "Japanese economy will recover as the impact of COVID-19 wanes due to further progress in vaccinations

BOJ to maintain stimulus as supply disruption darkens export outlook

 

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