IGI Logo

USDINR 

Observations

USDINR trading range for the day is 82.53-82.97 Rupee rose as persistent dollar inflows into equities helped offset the impact from a broadly strong dollar. India's GDP growth may breach 7%-mark in FY23: RBI Governor Das India's inflation war is not over, RBI Governor Das says

EURINR 

Observations

EURINR trading range for the day is 88.67-89.31 Euro dropped as the ongoing US debt ceiling issue continued to weigh on global markets Germany's economy contracted by 0.3% during the first quarter of 2023 Germany's GfK Consumer Climate Indicator increased for an eighth straight month to -24.2 heading into June 2023

GBPINR 

Observations

GBPINR trading range for the day is 102.03-102.63 GBP dropped after an inflation report slowed doubts about the health of Britain's economy. Investor attention shifted towards the US dollar amidst the ongoing negotiations regarding the US debt ceiling. Britain's core inflation rate rose to a 31-year high of 6.8% in April.

JPYINR 

Observations

JPYINR trading range for the day is 59.42-59.78 JPY dropped weighed down by a rising dollar amid growing expectations that US interest rates could stay elevated Japan coincident index revised slightly higher Japan leading index revised upward

To Read Complete Report & Disclaimer Click Here

Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer