The GBPINR has shown strength in recent days - Swastika Investmart Ltd
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CURRENCY OUTLOOK
DAILY CURRENCY MARKET UPDATES
NEWS IN HEADLINE
* Dollar up vs euro but remains on track for weekly loss after inflation data
* Dollar edges higher, but set for weak quarter ahead of key inflation data
* Dollar/rupee premiums to rise as US-India interest rate gap seen widening - analysts
CHART OF THE DAY
OUTLOOK
GBPINR: The GBPINR has shown strength in recent days; however, 102.00 is an immediate resistance level, and on the downside, 101.40 acts as a support. If it moves above 102.00, it can lead some upside momentum towards 102.40, while if it slips below 101.40, it may head towards the 101.00-101.20 zone.
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EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory
