Currency Market Pre-Market updates Aug 24, 2023

EUR/USD Price Analysis

Welcome to our daily pre-market update, where we comprehensively analyze the Indian rupee’s performance in the currency markets. In this article, we will delve into the previous day’s trading session, examining the critical movements of the rupee against major currencies such as the US dollar (USD), British pound (GBP), Euro (EUR), and Japanese yen (JPY). Additionally, we will offer insights into what we can expect from the rupee in today’s trading session.


Date- Aug 24, 2023

Place- New Delhi, India

USD/INR: 82.43 (-0.13%)

The US Dollar (USD) starts the day at 82.439 Indian Rupees (INR), marking a decrease of 0.13% from the previous close. The day’s range oscillates between 82.439 and 82.59, reflecting a 52-week range of 79.023 to 83.468.

GBP/INR: 104.80 (-0.20%)

The British Pound (GBP) faces a downward trend against the Indian Rupee (INR), opening at 104.80. This signifies a decrease of 0.20% from the previous close. The day’s range spans from 104.83 to 105.06, with a 52-week range of 84.376 to 107.943.

EUR/INR: 89.54 (-0.14%)

The Euro (EUR) exhibits a slight decline against the Indian Rupee (INR), beginning at 89.54. This marks a decrease of 0.14% from the previous close. The day’s range fluctuates between 89.55 and 89.76, with a 52-week range of 77.73 to 92.49.

JPY/INR: 56.82 (-0.24%)

The Japanese Yen (JPY) starts the day with a negative note against the Indian Rupee (INR) at 56.82. This indicates a decrease of 0.24% from the previous close. The day’s range extends from 56.82 to 57.07, with a 52-week range of 54.56 to 64.11.


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