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EURINR is expected to appreciate: Angel Broking

According to Angel Broking, EURUSD depreciated by 0.18 percent yesterday while EURINR appreciated by 0.48 percent the same time frame.

November 28, 2019 / 10:47 AM IST

Angel Broking's currency report on EURINR


EURUSD depreciated by 0.18 percent yesterday while EURINR appreciated by 0.48 percent the same time frame. The outlook for Germany's economy brightened as the monthly index issued by the German Institute for Economic Research (DIW) climbed by 1.5 points to 91.5 points in Nov’19. Private households in Germany continued to benefit from rising incomes. Both the employment level and wages in Germany continued to rise.


OUTLOOK


EURINR is expected to appreciate today’s session.


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first published: Nov 28, 2019 10:47 am

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