Perspective note on rupee 17 December 2021 By Emkay Global Financial Services
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Below is Perspective note on rupee 17 December 2021 By Currency Desk of Emkay Global Financial Services
“The busy and blockbuster week has come to an end, with rupee setting to close near the 76 zone. However, as we proceed towards the year-end USDINR spot will be sluggish in between a broad range. Also next week, there is no major data or event to focus on, so Omicron news will likely be the key catalyst for fx market. As long as USDINR spot is trading above 75.75, we can expect a bounce in spot towards 76.40-76.50 levels.”
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EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory
