USDINR
We are expecting USDINR to commence a fresh week on Monday with firm note between 74.95 – 75.05 levels despite Asia after the initial shock of the discovery of the Omicron coronavirus variant sent investors scurrying for cover last week, but analysts warned of more volatility with little still known about the new strain.
The Omicron coronavirus variant spread around the world on Sunday, with new cases found in the Netherlands, Denmark and Australia even as more countries imposed travel restrictions to try to seal themselves off.
Indian Prime Minister Narendra Modi told officials on Saturday to review plans to ease travel restrictions as concerns rise over the new Omicron variant of COVID-19.
Indian fintech company Slice said on Monday it had raised $220 million in a Series B funding round led by investment giant Tiger Global and private equity firm Insight Partners that valued the company at more than $1 billion.
Day Trend: - BUY ON DIPS
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