WAYS2CAPITAL FOREX UPDATE :USDINR

USDINR trading range for the day is 69.91-70.9.
Rupee traded in range on reports government may announce direct benefit transfer or DBT and interest free crop loans to farmers.
The greenback surged as risk sentiment remained fragile over heightened concerns over slowing global growth and a partial US government shutdown
India’s infrastructure output grew at 3.5 percent in November from a year earlier, government data showed, its slowest pace in 16 months.
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