USDINR trading range for the day is 80.04-82.16 - Kedia Advisory
USDINR
USDINR trading range for the day is 80.04-82.16.
Rupee surged above 81 per dollar and showed the highest single-day gain of 1.36%, after Mar 26, 2020
Moody's cuts 2022 growth forecast for India to 7%
India inflation likely slowed in October, still well above RBI target band
EURINR
EURINR trading range for the day is 81.65-83.93.
Euro rose after weaker-than-expected US CPI data tempered expectations of faster interest-rate hikes by Fed
EU exec revises up 2022-euro zone growth forecast, sees bigger slowdown in 2023
Euro zone investor morale up for first time since August – Sentix
GBPINR
GBPINR trading range for the day is 93.59-95.84.
GBP edged higher after British economic data came in stronger than expected.
Britain's economy shrank by a less severe than-expected 0.2% in the three months to September
Prime Minister Sunak suggested a squeeze on public spending and potentially higher taxes in a move that could further weaken the economy
JPYINR
JPYINR trading range for the day is 56.23-59.11.
JPY rose after lower-than-expected US CPI numbers bolstered hopes for peak inflation and that the Federal Reserve would tighten less aggressively
Bank of Japan Governor Haruhiko Kuroda recently hinted at a possible adjustment in the yield curve control policy
Japan's Oct wholesale prices rise 9.1% yr/yr
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EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory