Forex Market News

JPYINR Trading Range For The Day Is 56.38-56.9

JPY dropped despite of current account figures supported in otherwise thin trade ahead of key central bank meetings in Europe.Bank of Japan board members said the central bank should maintain its current accommodative policy due to downside risks from overseas. Japan posted a current account surplus of 2.907 trillion yen in March, the Ministry of Finance said – down 2.2 percent on year.
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