EURINR is expected to trade lower: Angel Broking

According to Angel Broking, Euro traded lower by 0. 48 percent (EURUSD) and 0. 94 percent (EURINR) in the last week after the German deputy finance minister stated that Greece must not be granted a â€œbail - inâ€ that would involve creditors ta king a loss on their loans , reiterating his government‘s opposition to debt relief for Athens.

October 20, 2023 / 14:25 IST

26 Aug, 2025 12:21

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Todays L/H

Angel Broking's report on currency

EURINR

Euro traded lower by 0. 48 percent (EURUSD) and 0. 94 percent (EURINR) in the last week after the German deputy finance minister stated that Greece must not be granted a “bail - in” that would involve creditors ta king a loss on their loans , reiterating his government’s opposition to debt relief for Athens. Due to this, investors play safe and refrain from making any risky bets in the shared currency which will keep the EURINR spot sideways to negative.

OUTLOOK

Due to this, investors play safe and refrain from making any risky bets in the shared currency which will keep the EURINR spot sideways to negative.

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

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EURINR is expected to trade lower: Angel Broking

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