EURINR trading range for the day is 89.36-90.02 - Kedia Advisory
USDINR
USDINR trading range for the day is 81.93-82.29 Rupee closed lower, weighed by possible corporate dollar outflows and weakness in the Chinese currency. India's trade deficit widens to $22.12 billion; exports and imports slip in May India's foreign exchange reserves fell to $593.75 billion
EURINR
EURINR trading range for the day is 89.36-90.02 Euro steadied as investors continued to assess the economic and monetary policy outlook globally. Germany's producer prices rose 1% from a year earlier in May 2023 Euro zone consumer inflation sharply decelerated in May
GBPINR
GBPINR trading range for the day is 104.48-105.2 GBP dropped as investors cautiously await the inflation report and the Bank of England's rate decision this week. The central bank is widely anticipated to raise its Bank rate by 25 basis points to 4.75% on Thursday Imports into the United Kingdom dropped 0.6 percent from a month earlier to GBP 69.35 billion in April 2023
JPYINR
JPYINR trading range for the day is 57.72-58.66 JPY gains as Japan industrial output rises for 3rd month Japan capacity utilization rises more than expected BOJ continuing its ultra-low rate policy and as the need for adjusting portfolios boosted demand.
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