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Latest news on MYRINR currency view | Forex Analysis

myr-inr-trends-28-nov-02-dec-22

As expected the MYRINR currency pair moved higher and closed around the top of the range suggested in the previous blog. Current exchange rate of MYRINR currency pair is 18.24. Expected range for the week is 17.90-18.50. Preferable to hedge the commitments of outwards remittances on any decline towards 17.90 and hedge the inward remittance around 18.40 or higher levels if seen. This currency pair is known for its characteristic move of alternate bullish and bearish candles.