GBPINR trading range for the day is 100.86-101.7 - Kedia Advisory
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USDINR
USDINR trading range for the day is 75.17-76.24
USDINR dropped on profit booking after prices earlier gained a surge in crude oil prices as tensions continued to escalate between Russia and Ukraine.
India’s slowing economic recovery faces fresh geopolitical risks
Lower inflation to allow accommodative monetary policy: Indian RBI guv
EURINR
EURINR trading range for the day is 84.08-85.3.
Euro remained in range after Western nations announced fresh sanctions to punish Russia for its invasion of Ukraine.
Investors concerned about the adverse economic impact of the Russian invasion of Ukraine while assessing ECB’S future monetary policy decisions
Fallout on global finance: ECB warns on Sberbank; Russia issuers dropped
GBPINR
GBPINR trading range for the day is 100.86-101.7.
GBP steadied as investors digested the latest round of sanctions against Russia amid the Ukraine invasion.
The UK, US, and the EU, as well as Canada and Japan agreed to ban Russian financial institutions from the global payments system SWIFT
The UK said that it would also ban Russian firms from money markets and transferable securities
JPYINR
JPYINR trading range for the day is 65.13-65.97.
JPY dropped on profit booking after prices gained amid safe-haven currencies after Russian President Vladimir Putin put nuclear-armed forces on high alert
Japan industrial output falls more than expected
Japan retail sales rise for fourth straight month
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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)