Evening Currency Update 17February 2022 by Anindya Banerjee, Kotak Securities
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Below is quote on Evening Currency Update 17 February 2022 by Anindya Banerjee, DVP, Currency Derivatives & Interest Rate Derivatives, Kotak Securities
" USDINR spot closed flat near 75.10 levels. Inspite of the war of words between Russia and Ukraine and NATO, USDINR remained in a non-trending phase. Bids from PSUs absorbed whatever inflows happened from corporates. Over the near term, USDINR may remain range bound within 74.70 and 75.35 on spot, due to lack of fresh triggers.."
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