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01-01-1970 12:00 AM | Source: Kedia Advisory
GBPINR trading range for the day is 100.4-101 - Kedia Advisory
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USDINR

USDINR trading range for the day is 74.79-75.19.

USDINR remained in range on weak risk appetite as Omicron worries persist

Sentiment also dampened after the World Health Organization warned that the Omicron variant could lead to overwhelmed healthcare systems

Exports rise 36% during December 1-21: Commerce Ministry

 

 

EURINR

EURINR trading range for the day is 84.45-85.09.

Euro dropped amid concerns over Europe's slowing economic growth on the back of surging prices and new COVID restrictions.

But recovered most of its as fading concerns about the economic impact of the pandemic supported risk sentiment

The European Central Bank is seen tightening policy slower than the US Federal Reserve.

 

GBPINR

GBPINR trading range for the day is 100.4-101.

GBP dropped amid concerns about the UK's economic recovery were exacerbated by rising COVID-19 cases and the threat of fresh lockdown measures

British manufacturers reported a near-record inflow of new orders this month but also a worsening shortage of stocks of finished goods

The current account deficit in the UK widened sharply to GBP 24.4 billion or 4.2% of the GDP in the third quarter of 2021

 

JPYINR

JPYINR trading range for the day is 65.08-65.54.

JPY dropped as the Bank of Japan signaled that it would lag behind other central banks in scaling back monetary stimulus.

Japan's Nov factory output surges 7.2% on jump in car production

Data showed the jobless rate rose to 2.8% from the previous month's 2.7%

 

 

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