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Last Updated : Oct 14, 2019 11:51 AM IST | Source: Moneycontrol.com

EURINR is expected to depreciate: Angel Broking

According to Angel Broking, EURUSD appreciated by 0.4 percent last week while EURINR depreciated by 0.49 percent the same time frame.


Angel Broking's currency report on EURINR


EURUSD appreciated by 0.4 percent last week while EURINR depreciated by 0.49 percent the same time frame. European Central Bank policymakers were deeply divided last month over reviving bond purchases, according to minutes of their meeting. One third of the members were against restarting the bond purchases including members from France and Germany.


OUTLOOK


EURINR is expected to depreciate in today’s session.


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First Published on Oct 14, 2019 11:51 am
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