USDINR likely to start with weaker note, dollar held onto gains as growing concerns about a rise in corona virus cases underpinned safe-haven demand for the U.S. currency.
On Wednesday , USDINR trading range was between 76.0975 - 76.27 levels.
Mexico, India, Ireland and Norway were elected to the United Nations Security Council on Wednesday, but the 193 U.N. member states must return on Thursday to continue voting to fill one more vacant seat after there was no clear winner.
China and India have agreed to de-escalate the situation at their border as soon as possible following a clash between the their troops, the Chinese foreign ministry said on Wednesday.
INTRADAY RANGE - 75.95 ( 76.12 - 76.30 ) 76.47
GLOBAL HIGHLIGHTS
Asian stocks were set to dip after a choppy Wall Street session as spiking corona virus cases and prospects of new lock-downs erased earlier confidence about a global economic recovery.
The situation in both the United States and China has raised fresh concerns about the risks of re-opening economic activity before a vaccine has been developed.
The British pound traded in a narrow range before a Bank of England meeting where policymakers are expected to expand quantitative easing in the face of a stuttering economy and rocky trade negotiations with the European Union.
The British pound got off to a quiet start in Asia but will come into focus later in the day as traders brace for the Bank of England's policy meeting.
The BOE is expected to boost its quantitative easing program by 100 billion pounds ($125 billion), with some analysts eyeing an even larger increase amid concerns about the economic outlook.
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