Sell EURINR; target of : 78.90 : ICICI Direct

Currencies

ICICI Direct, The Euro depreciated by 1.40% on Friday amid weak economic data from the eurozone.

Broker Research

September 26, 2022 / 09:38 AM IST

Representative image

Representative image

ICICI Direct’s currency report on EURINR

The Euro depreciated by 1.40% on Friday amid weak economic data from the eurozone. Eurozone Services PMI fell to 48.9 in September 2022 from 49.8 in August, pointing to a second consecutive month of contraction in services activity. It is also the lowest reading since February last year.

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26092022 – currency

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