Rupee Closed Little Changed Wedged Between Weak Dollar And A Drop In Crude Prices

# trading range for the day is 83.23-83.35.

# Rupee closed little changed wedged between buoyant dollar demand and a retreat in prices

# Fed Chair Powell's much-awaited speech did not provide any clues about the central banks interest-rate path.

# Fitch revises Indias potential growth upward to 6.2%.

# trading range for the day is 88.68-89.34.

# Euro retreated as investors digested a series of remarks by central bank officials.

# German consumer price inflation rate was confirmed at 3.8% year-on-year in October 2023, easing sharply from the previous month\\'s 4.5%.

# ECBs Guindos, pointed out that the euro zone\\'s economy is likely to see a slight contraction or, at best, stagnation in the fourth quarter.

# trading range for the day is 101.82-102.52.

# GBP dropped as markets continued to assess the policy outlook for the BoE

# BOEs Pill expressed that rate cuts starting from the middle of next year were not an unreasonable prospect.

# Investors are factoring in a likelihood of over 50% that rates will remain unchanged until June 2024.

# trading range for the day is 55.37-55.69.

# JPY weakened weighed down by a rebound in the dollar and Treasury yields

# BOJs Ueda said volatile currency moves were among the side effects the central bank was scrutinizing in maintaining its bond yield control policy

# The Reuters Tankan sentiment index for manufacturers in Japan rose to +6 in November 2023 from +4 in October.