IGI Logo

USDINR

USDINR trading range for the day is 74.23-74.93.

USDINR dropped as India's overall economic activity remains strong, driven by an upbeat consumer confidence and uptick in bank credit

Icra maintains volume demand growth estimate for FY22 at 13-15%

India wholesale price inflation eases in December

EURINR

EURINR trading range for the day is 84.23-85.11.

Euro dropped joining a global selloff, as bond yields rose amid concerns over rising inflation and prospects of tighter monetary policy this year.

ECB can adapt policy faster if high inflation persists – Villeroy

The Euro Area current account surplus narrowed to EUR 26.0 billion in November 2021 from EUR 27.5 billion in the same month a year earlier

GBPINR

GBPINR trading range for the day is 101.1-101.96.

GBP dropped after data showed British employers added a record number of staff in December

UK inflation rises to highest in nearly 30 years

The 184,000 employees added to British payrolls may vindicate traders who priced in another Bank of England interest rate hike in February

JPYINR

JPYINR trading range for the day is 64.81-65.55.

JPY settled flat as the Bank of Japan flagged broadening inflationary pressures on its quarterly outlook report.

BOJ warns of vigilance to inflation overshoot risk as material costs rise

BOJ projected core consumer inflation to hit 1.1% for the fiscal year to March 2023

To Read Complete Report & Disclaimer Click Here

Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer