01-01-1970 12:00 AM | Source: Kedia Advisory
USDINR trading range for the day is 75.14-75.6 - Kedia Advisory
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USDINR

USDINR trading range for the day is 75.14-75.6.

USDINR dropped as investor confidence grew on signs that omicron might be less severe than feared.

RBI Governor for continued policy support to nurture economic revival: MPC minutes

BofA expects 8.2% GDP growth for India next fiscal with more downside risks

EURINR

EURINR trading range for the day is 85.29-85.72.

Euro dropped amid concerns over Europe's slowing economic growth as the region struggles with surging prices and new COVID restrictions.

The Netherlands went into lockdown due to the rapid spread of Omicron and Britain's health minister declined to rule out further restrictive measures

The consumer confidence indicator in the Euro Area fell by 1.5 points from a month earlier to -8.3 in December of 2021

GBPINR

GBPINR trading range for the day is 100.78-101.3.

GBP dropped due to mounting concerns over the spread of Omicron and the impact of fresh COVID restrictions on the economy's recovery.

British manufacturers reported a near-record inflow of new orders this month but also a worsening shortage of stocks of finished goods

The current account deficit in the UK widened sharply to GBP 24.4 billion or 4.2% of the GDP in the third quarter of 2021

JPYINR

GBPINR trading range for the day is 100.78-101.3.

GBP dropped due to mounting concerns over the spread of Omicron and the impact of fresh COVID restrictions on the economy's recovery.

British manufacturers reported a near-record inflow of new orders this month but also a worsening shortage of stocks of finished goods

The current account deficit in the UK widened sharply to GBP 24.4 billion or 4.2% of the GDP in the third quarter of 2021

 

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