USDINR trading range for the day is 82.19-82.57 - Kedia Advisory
USDINR
USDINR trading range for the day is 82.19-82.57 Rupee advanced as the rescue of failed lender SVB calmed worries about a larger fallout in the sector Rupee premiums declined across the curve as traders said they were on the receiving end amid better-than-expected liquidity. S&P keeps India's economic growth forecast unchanged at 6% for FY24
EURINR
EURINR trading range for the day is 88.95-89.43 Euro gains as worries over global banking turmoil and recession eased S&P Global cuts 2024-euro zone GDP growth forecast to 1.0% Euro zone economic data surprisingly positive ECB's Schnabel
GBPINR
GBPINR trading range for the day is 100.98-101.72 GBP rose after BOE’S Bailey said that further monetary tightening would be required if signs of persistent inflationary pressure became evident. UK Services PMI went down to 52.8 in March 2023 from 53.5 in February Retail sales balance in the UK edged down to +1 in March 2023 from +2 the month before
JPYINR
JPYINR trading range for the day is 62.76-63.48 JPY gains as fears over the recent banking turmoil started. BOJ's Kuroda calls for coexistence of CBDC and other forms of money The au Jibun Bank Japan Services PMI rose to 54.2 in March 2022 from a final reading of 54.0 in February
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EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory