EUR/INR slides near 108 mark
Mumbai, June 19 -- EUR/USD futures have broken under 1.1500 mark and currently linger at 1.1494, down marginally on the day. The pair has lost 1.5% this month. Euro was also hurt due to falling German bond yields. Germany's 10-year Bund yields slipped near 2.9%, their lowest in three months earlier this week, as traders scaled back expectations for further European Central Bank rate hikes amid a continued decline in oil prices. On NSE, EUR/INR futures are down 0.18% at 108.3 after falling near 108 mark.
Published by HT Digital Content Services with permission from Capital Market....
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