Sell EURINR; target of : 79.70: ICICI Direct

ICICI Direct, The Euro depreciated by almost 0.90% on Monday amid a sharp rise in the US dollar index.

August 23, 2022 / 10:18 IST

Representative image

ICICI Direct's currency report on EURINR

The Euro depreciated by almost 0.90% on Monday amid a sharp rise in the US dollar index. Further, the Euro was pressurised after Bundesbank said in a report that recession in Germany, the eurozone's biggest economy, is increasingly likely and inflation will continue to accelerate and could peak at more than 10% this autumn.

For all Currency report, click here

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23082022 - currency

first published: Aug 23, 2022 10:18 am

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