Moneycontrol
Last Updated : Jan 08, 2019 09:20 AM IST | Source: Moneycontrol.com

EURINR is expected to depreciate: Angel Broking

According to Angel Broking,URUSD appreciated by 0.71 percent against US dollar by 0.2 percent on Monday while while EURINR appreciated by 0. 76 percent during the same time frame.

Euro | January 1: Rs 75.56, December 17: Rs 81.27, Percentage change: 7.03 (Image: Reuters)
Euro | January 1: Rs 75.56, December 17: Rs 81.27, Percentage change: 7.03 (Image: Reuters)

Angel Broking's currency report on EURINR


URUSD appreciated by 0.71 percent against US dollar by 0.2 percent on Monday while while EURINR appreciated by 0. 76 percent during the same time frame. European shares fell back on Monday, after rebounding at the end of last week, as lingering worries about the euro zone economy, Brexit and the U.S. government shutdown offset hopes for a truce between Washington and Beijing over trade.


OUTLOOK


EURINR is expected to depreciate in today’s session.


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First Published on Jan 8, 2019 09:20 am
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