EURINR trading range for the day is 73.25-73.71. Euro gained as dollar dropped at the start of President Donald Trump’s first full week in office amid concerns over the lack of clarity on his economic policies.
Bond purchases by the European Central Bank caused 6.5 percent devaluation in the euro against the US dollar since 2014 till the end of last year, reports said. The euro area government debt declined in the third quarter, the European Central Bank said.
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