IGI Logo

USDINR

USDINR trading range for the day is 74.55-75.47.

USDINR dropped as GDP growth rate projected in the range of 8-8.5% for the next fiscal 2022-23 (FY23)

Industrial sector likely to grow at 11.8% and survey pegs services sector to see 8.2% growth in 2021-22.

The Indian economy is recovering but remains well below its potential level of output.

EURINR

EURINR trading range for the day is 83.45-84.25.

Euro dropped as euro zone economic growth slowed quarter-on-quarter in the last three months of 2021 as expected

The euro zone's second biggest economy France saw quarterly growth of 0.7% in the fourth quarter

Euro zone economic sentiment deteriorated in January, data showed

GBPINR

GBPINR trading range for the day is 100.36-101.14.

GBP dropped as geopolitical tensions between Western leaders and Russia over Ukraine continued to weigh on sentiment

BoE's Bailey sees risk UK inflation pressures will linger

Data showed inflation in December hit its highest rate in almost 30 years

JPYINR

JPYINR trading range for the day is 64.52-65.6.

JPY dropped as Japan's factory output shrank for the first time in three months in December

Japan's PM Kishida: We are not considering declaring a state of emergency regarding the Covid-19 pandemic at this time.

The Bank of Japan vowed to maintain its ultra-loose monetary policy to achieve the central bank’s 2% price stability target

To Read Complete Report & Disclaimer Click Here

Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer