01-01-1970 12:00 AM | Source: Kedia Advisory
USDINR trading range for the day is 74.89-75.43 - Kedia Advisory
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USDINR

USDINR trading range for the day is 74.89-75.43.

USDINR dropped as a drop in global crude oil prices provided a breather and helped calm investor worries over sustained imported inflationary pressures

The central bank announced a 28-day variable rate reverse repo auction for 500 billion rupees on Nov. 2

India showed more signs of a recovery taking hold last month as its consumption-driving festive season kicked off

 

EURINR

EURINR trading range for the day is 86.84-87.64.

Euro remained under pressure as the Bundesbank said the German economy is likely to slow sharply in Q4 amid supply shortages and slowing demand.

Germany cuts 2021 growth outlook as supply problems, energy prices bite

Spain's 12-month flash CPI to October up 5.5%, fastest pace since 1992

 

GBPINR

GBPINR trading range for the day is 102.98-103.58.

GBP remained in range as investors digested the UK annual budget and spending review

UK's Sunak wary of public finance impact if rates rise

UK car output falls to lowest September level since 1982

 

JPYINR

JPYINR trading range for the day is 65.91-66.49.

JPY dropped after the Bank of Japan’s monetary policy decision and economic forecasts fell within expectations.

Japan's economy is expected to recover and accelerate growth as the pandemic's impact fades.

Japan's Sept retail sales decline for a second month

 

 

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