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Evening Currency Update 10 March 2022 by Anindya Banerjee, Kotak Securities
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Below is quote on Evening Currency Update 10 March 2022 by Anindya Banerjee, DVP, Currency Derivatives & Interest Rate Derivatives, Kotak Securities
USDINR spot closed 25 paise lower at 76.30 on the back of long liquidation as sentiments improved due to fall in oil prices and strong show by BJP in state elections. However, Rupee is not out of the woods, as oil prices remain well supported above 100 dollars on Brent. We expect a range bound play over the near term between 76 and 77 on spot.
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EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory
