EURINR trading range for the day is 88.4-88.84 - Kedia Advisory
USDINR
USDINR trading range for the day is 74.08-74.36.
USDINR dropped driven by declining COVID-19 cases, easing of pandemic-led curbs in several states
S&P Cuts India's 2021-22 Growth Forecast to 9.5%
India's May trade deficit widens to $6.28 billion – govt
EURINR
EURINR trading range for the day is 88.4-88.84.
Euro dropped tracking firmness in Rupee after earlier seen supported as the Eurozone private sector activity expanded in June by the most in 15 years
German private sector activity expanded by the most in over a decade, while France's output expansion remained close to May's level.
ECB could lift bank dividend cap, De Guindos says
GBPINR
GBPINR trading range for the day is 102.88-104.06.
GBP dropped after Bank of England keeps rates and size of bond-buying plan on hold
The BoE said its MPC voted 8-1 to keep its government bond-buying programme at 875 billion pounds
The MPC voted 9-0 to keep Bank Rate unchanged and to leave its 20 billion pound stock of corporate bond purchases unchanged.
JPYINR
JPYINR trading range for the day is 66.7-67.2.
JPY remained in range as BoJ minutes showed that the massive stimulus measures deployed by advanced nations may help quicken the pace of recovery
The upbeat assessment reinforced market expectations that the central bank will keep monetary settings unchanged for the time being.
The au Jibun Bank Manufacturing PMI fell to 51.5 in June 2021 from a final 53.0 a month earlier, the weakest reading since February
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
Tag News
EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory