Moneycontrol
Nov 14, 2017 11:26 AM IST | Source: Moneycontrol.com

EURINR is expected to weaken: Angel Broking

According to Angel Broking, EURINR spot (CMP: 7 6.28 ) is expected to weaken further in the coming trading sessions depending on how the Brexit bill fares.

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Angel Broking's currency report on EURINR


Yesterday , EURINR spot surged by  0.4  as  European Union finance  ministers wrangled yesterday (6 November) over differences in plans  to reform the euro common currency in the wake of last year's  shock  Brexit vote. The ministers were laying the groundw ork for a leaders'  summit on 15 December that will discuss proposals by French  President Emmanuel Macron and European Commission chief Jean - Claude Juncker. EURINR spot (CMP: 7 6.28 ) is expected to  weaken further  in the  coming  trading sessions depending on how the Brexit bill fares.

OUTLOOK
EURINR spot (CMP: 7 6.28 ) is expected to  weaken further  in the  coming  trading sessions depending on how the Brexit bill fares.

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