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01-01-1970 12:00 AM | Source: Kedia Advisory
JPYINR trading range for the day is 66.5-66.96 - Kedia Advisory
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USDINR

USDINR trading range for the day is 75.55-76.11.

USDINR gained amid lingering threats from the Omicron variant, with some nations introducing renewed restrictions as global infection cases rise.

India's fuel demand eases in November after festival boost

RBI left interest rates steady and decided to continue with its accommodative stance while ensuring that inflation remains within its target.

 

EURINR

EURINR trading range for the day is 85.24-85.92.

Euro dropped as worries about the new coronavirus variant weighed on sentiment, while investors focus shifted to next week’s central bank policy meetings.

The European Central Bank should not change the sequence of its future policy moves, even if that risks pushing up government borrowing costs

Germany's consumer price inflation crossed 5 percent in November, largely driven by a low base effect and higher energy and food prices

 

GBPINR

GBPINR trading range for the day is 99.83-100.59.

GBP remained supported after Bank of England Deputy Governor Ben Broadbent warned Britain's tight labour market will add pressure on inflation

The UK's pandemic curbs and weak economic data dampened expectations that the Bank of England would raise interest rates soon.

Britain's economy grew by a weaker-than-expected 0.1% in October, leaving it 0.5% smaller than in February 2020

 

JPYINR

JPYINR trading range for the day is 66.5-66.96.

JPY settled flat as a safe haven amid renewed concerns around the Omicron’s economic impact dented risk appetite and a busy central bank.

Japan's wholesale prices spiked 9.0% in November from a year earlier, data showed

A measure of the public assessment of the Japanese economy increased in November

 

 

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