Powered by: Motilal Oswal
01-01-1970 12:00 AM | Source: Kedia Advisory
EURINR trading range for the day is 88.82-91 - Kedia Advisory
News By Tags | #2767 #5839

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

USDINR

USDINR trading range for the day is 74.36-75.46.

USDINR gained back above 75.00 level tracking losses in domestic equity markets as the country continues to reel under a fresh surge of Covid infections.

India inflation rate rises more than expected

India industrial output falls most in 6 months

 

EURINR

EURINR trading range for the day is 88.82-91.

Euro gained as optimism about a strong economic recovery was supported by signs of an acceleration in the vaccine pace in Europe and due to weakness in rupee

EU Commission could raise 2021 euro zone growth forecast in May

The Commission forecast in February that euro zone growth would be at 3.8% this year and in 2022.

 

GBPINR

GBPINR trading range for the day is 102.76-105.1.

GBP gains as the U.K. economy is building momentum, as the government has loosened lockdown rules.

BoE's Tenreyro says removing policy support too early could be costly

British lenders expect demand for secured lending as well as the availability of secured credit to households to increase in the next three months to end-May

 

JPYINR

JPYINR trading range for the day is 68.43-69.81.

JPY gained amid weakness in Rupee and greenback held down by improved risk sentiment amid a rally in global stocks to record highs.

Japan posted a merchandise trade surplus of 663.7 billion yen in March, the Ministry of Finance said.

Industrial production in Japan dropped 1.3 percent month-over-month in February 2021

 

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