USDINR trading range for the day is 82.12-82.48 - Kedia Advisory
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USDINR
Observations
USDINR trading range for the day is 82.12-82.48
Rupee gains as RBI resumed selling foreign exchange andhawkish signals from the Indian central bank in its monthlybulletin
India's external debt rises to $613.1 bln as of end – Dec
RBI set to hike repo rate to 7-yr high of 6.75% in April
EURINR
Observations
EURINR trading range for the day is 89.31-89.93
Euro steadied as receding concerns about the prospects of aglobal banking crisis offset the likelihood of persistent inflation inthe euro zone
lnflation in Germany, rose by 7.8% in the year in March, aboveforecasts for a reading of 7.5%
Retail sales in Germany unexpectedly declined by 1.3%month-over-month in February of 2023
GBPINR
GBPINR trading range for the day is 101.52-102.16
GBP edges up as BoE says no tension in UK banking system
Britain's economy expanded by 0.6 percent from a year earlierduring the fourth quarter of 2022
The United Kingdom economy expanded slightly by 0.1 percenton quarter in the final three months of 2022
JPYINR
Observations
JPYINR trading range for the day is 61.72-62.48
JPY dropped as fears of a wider banking contagion abated,hurting demand for safe-haven currencies
Japan's housing dropped by 0.3 percent year-on-year inFebruary 2023
Industrial production in Japan grew by 4.5 percentmonth-over-month in February 2023
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Tag News
EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory
