USDINR
On Monday, USDINR is most likely to commence a fresh week start with a mild weaker note between 74.30 – 74.38 levels as greenback mild correct from the 9-month peak but, while commodity currencies like the Aussie languished amid worries that the Delta coronavirus variant could derail the global economic recovery.
India's drug regulator has granted emergency use approval for Zydus Cadila's COVID-19 vaccine, the world's first DNA shot against the coronavirus, in adults and children aged 12 years and above.
India has cut base import taxes on crude and refined soy oil and sunflower oil to 7.5% from 15% for six weeks, a government order showed, as the world's biggest vegetable oil buyer tries to cool near-record high prices.
Day Trend: - BUY ON DIP.
INTRADAY RANGE – 74.53 ( 74.42 – 74.32 ) 74.21
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