JPYINR trading range for the day is 66.86-67.42 - Kedia Advisory
USDINR
USDINR trading range for the day is 72.63-73.27.
USDINR dropped as traders' concerns about taper talk in Federal Reserve minutes faded
RBI will transfer a surplus of Rs 99,122 crore to the government for the nine-month accounting period ended March 31
Wholesale prices in India jumped 10.49 percent year-on-year in April of 2021, the highest rate since May of 2010
EURINR
EURINR trading range for the day is 88.75-89.65.
Euro dropped as firmness in rupee weighed after prices seen supported helped by the prospect of a solid economic recovery in 2021.
ECB's Lane says have a lot of work to do to raise inflation
Still, ECB officials continued to signal the surge in inflation is temporary and consumer prices should fall sharply next year.
GBPINR
GBPINR trading range for the day is 103.34-103.88.
GBP remained supported after better-than-expected retail sales data kept investors upbeat about the prospects for the economic recovery.
British retail sales surged in April, with sales volumes jumping by 9.2% month-on-month
The flash PMI survey suggested the UK private sector economy expanded in May by the most on record
JPYINR
JPYINR trading range for the day is 66.86-67.42.
JPY remained in range as Japan’s factory activity expanded at a slower pace in May as growth in output and new orders eased
Activity in the service sector contracted at the fastest pace in nine months, pulling the private sector as a whole into contraction
Japan's core consumer prices slipped 0.1% in April from a year earlier to mark the ninth straight month of declines
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EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory