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ICICI Direct, The Euro depreciated on Monday amid a strong dollar and as eurozone CPI data showed inflation remained hot.

November 01, 2022 / 09:18 AM IST

Representative image

Representative image

ICICI Direct’s currency report on EURINR

The Euro depreciated on Monday amid a strong dollar and as eurozone CPI data showed inflation remained hot. Europe inflation grew 10.7% in October, up from 9.9% in September. However, sharp downside was cushioned on stronger-than-expected German retail sales data, which grew 0.9%.

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01112022 – currency

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