GBPINR trading range for the day is 98.93-100.01 - Kedia Advisory
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USDINR
USDINR trading range for the day is 81.2-81.64.
Rupee strengthened as benign U.S. inflation reading reinforced expectations of a smaller rate hike by the Federal Reserve next month.
India FY24 capex may rise 30% with focus on growth – Barclays
Rupee forward premiums rose, tracking a fall in Treasury yields. The 1-year implied yield climbed to 2.26%, its highest since November 2022.
EURINR
EURINR trading range for the day is 87.89-88.69.
Euro remained supported as Germany's economy grew by 1.9 percent in 2022
ECB's Kazaks pushes back on rate cut bets as core prices rise
Preliminary estimates showed price pressures eased more than expected, with the annual inflation rate in the Eurozone hitting a four-month low.
GBPINR
GBPINR trading range for the day is 98.93-100.01.
GBP rose as investors welcomed upbeat data and digested comments from a Bank of England policymaker.
UK economy unexpectedly grows 0.1% in November: ONS
UK finance ministry's top economist to join OECD
JPYINR
JPYINR trading range for the day is 62.7-64.06.
JPY remained supported on expectations that the Bank of Japan will review the side effects of its monetary easing
Japan bank lending rises 2.7% in December
Japan current account surplus tops estimates
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EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory
