GBPINR trading range for the day is 94.45-96.59 - Kedia Advisory
USDINR
USDINR trading range for the day is 80.29-81.89.
USDINR rose after Federal Reserve Governor Christopher Waller warned investors against getting too optimistic over one inflation report
India Oct CPI at 6.77% vs 7.41% MoM
India wholesale inflation breaks 18-mth double-digit streak in October, eases to 8.39%
EURINR
EURINR trading range for the day is 82.86-84.44.
Euro gains as the European Central Bank is seen tightening monetary policy further to tame stubbornly high inflation
The European Central Bank Consumer Expectations survey "conveyed a somewhat reassuring message,"
EU exec revises up 2022 euro zone growth forecast, sees bigger slowdown in 2023
GBPINR
GBPINR trading range for the day is 94.45-96.59.
GBP rose after British economic data came in stronger than expected
Britain's economy shrank by a less severe than-expected 0.2% in the three months to September.
BoE should stand firm on inflation despite economic slowdown – Haskel
JPYINR
JPYINR trading range for the day is 57.45-58.65.
JPY steadied after BOJ Governor Kuroda said the central bank would stick to monetary easing to support the economy
Support also seen on lower-than-expected US CPI numbers that bolstered hopes for peak inflation and a less aggressive Fed tightening
Investors were also cautious about the prospect of more government intervention to support the yen.
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