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Daily Currency Snapshot

* Rupee future maturing on November 28 traded flat on Friday despite an uptick in domestic equity markets. Further, a drop in crude oil prices supported the rupee

* The US dollar appreciated on Friday amid stronger than expected personal spending data from the US. Personal spending in the US increased 0.6% month-over-month in September 2022, the same as an upwardly revised 0.6% rise in August and beating market forecasts of a 0.4% rise

* The Euro traded flat on Friday despite stronger than expected Q3 German GDP data from the Euro area. Germany's economy grew 0.3% in the quarter in the three months to September 2022, following a meagre 0.1% expansion in the previous period and beating market expectations of a 0.2% contraction

* The British pound traded flat on Friday despite British Prime Minister Rishi Sunak and Chancellor Jeremy Hunt exploring tax increases and public spending cuts worth up to £50 billion ($57.84 billion) a year to fill a hole in public finances

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