EURINR trading range for the day is 87.96-88.88 - Kedia Advisory
USDINR
USDINR trading range for the day is 82.16-82.82 Rupee declined pressured by hot domestic inflation data, adding to expectations that the RBI will extend its tightening momentum The US annual inflation rate fell to 6% in February, the lowest since September 2021 and in line with market expectations India's annual wholesale price inflation rate fell to 3.85% in February 2023 from 4.73% in the prior month.
EURINR
EURINR trading range for the day is 87.96-88.88 Euro gains as dollar slumps as markets trim Fed hike expectations on US banks' fallout Euro zone ministers back tighter fiscal stance for 2024 ECB's Stournaras: No impact from SVB collapse on euro zone's banks
GBPINR
GBPINR trading range for the day is 99.78-100.8 GBP rose as investors dumped the dollar on hopes the Federal Reserve might take less aggressive approach on monetary policy going forward Average weekly earnings, including bonuses in the UK, rose 5.7% year-on-year to GBP 630 in the three months to January of 2023 The unemployment rate in the United Kingdom came in at 3.7 percent in November 2022 to January 2023
JPYINR
JPYINR trading range for the day is 61.4-62.18 JPY steadied amid speculations that Fed could take a less aggressive approach to policy tightening The Bank of Japan left its policy of ultra-low interest rates unchanged at its March meeting Japanese policymakers also made no indications that the bank’s yield curve control would end
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EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory