10-10-2023 09:36 AM | Source: Swastika Investmart Ltd
USDINR slips below 83.25, it may head towards the 83.15-83.00 zone - Swastika Investmart

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NEWS IN HEADLINE:

* Dollar gains versus euro as Israel-Palestinian conflict spurs safety bid

* Bank of Israel to sell up to $30 billion of forex to stabilise shekel

*  Bank of Israel takes action to stabilize shekel amid escalating conflict


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OUTLOOK:

USDINR: USDINR is consolidating in the tight range of 83.25-83.40, where a move above 83.40 can lead some upside towards 83.50-83.60, while if it slips below 83.25, it may head towards the 83.15-83.00 zone.


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