Forex Market News

USDINR Trading Range For The Day Is 67.89-68.31

USDINR trading range for the day is 67.89-68.31. Rupee appreciated for the second straight day on dollar selling by foreign banks amid weakness in the dollar index. India’s retail inflation hit a two-year low in December as businesses resorted to price discounting to boost flagging sales.
India’s trade deficit narrowed to $10.37 billion in December from provisional $13 billion a month ago, government data showed. EURINR trading range for the day is 72.22-73.11. Euro gained as improvements in the Euro’s fundamental drivers in the short-term continue to shield the single currency from longer-term political concerns.
The trade data are another indicator, after figures last week pointed to a manufacturing sector revival, that Euro-Zone GDP growth improved in the fourth quarter of 2016. The Euro-Zone recorded a €25.9 billion surplus in trade in goods with the rest of the world in November 2016.
For Quick Trial – 8962000225 ✔
or mail us here: info@ways2capital.com
✆ – 0731-6626222 | Toll Free – 1800-3010-2007
Give a Missed Call for Free Trial – 09699997717
Advertisements
Standard

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s