Evening Currency Update 25 August 2021 by Anindya Banerjee, Kotak Securities
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Below is quote on Evening Currency Updates 25 August 2021 by Anindya Banerjee, DVP, Currency Derivatives & Interest Rate Derivatives, Kotak Securities
“USDINR spot closed marginally higher around 74.24, in a lackluster day of trading. Volatility has become extinct in the pair as RBI continues to absorb $ flows. Going into Jackson Hole meeting starting tomorrow evening, we expect USDINR to remain within a range of 74.10-74.40 on spot.”
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EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory
