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01-01-1970 12:00 AM | Source: Kedia Advisory
EURINR trading range for the day is 88.4-88.84 - Kedia Advisory
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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

 

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