Rupee
ICICI Direct’s currency report on GBPINR
Pound erased all its gains and ended with a loss of 0.50% amid rebound in the dollar. The pair is expected to weaken towards 1.2180 on expectation weaker GDP numbers. GBPINR is expected to slide towards 101.50, as long as it trades under 102.30. Only close below 101.50 it would weaken further towards 101.10.
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