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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EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory
![Euro remained under pressure on Thursday amid weaker set of economic numbers from Euro zone - ICICI Direct](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/c49d5573f54fd1fe07309fbce5369a52.jpg)
![USDINR is trading near all time low and we might see some RBI intervention but as long as 82.80 - Tradebulls Securities](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/0732326f21b0692a41afc4432d1a7a56.jpg)
![GBPINR broke down below its 100 DMA yesterday and closed with a big bearish candle around 103.82 - Swastika Investmart](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/842b8e5254d53919452a82c7f06190bd.jpg)