Euro is in extended losses on Thursday to strike a 9-year low-lying against the dollar, as investors access up bets the European Central Bank was getting closer to adopting a large scale quantitative easing programme to ward off downfall. Sink in German industrial orders in November strengthen bearish views of the single currency. Euro slide past reported option barriers at $1.18 to strike a low-lying of $1.17915 on trading platform EBS. It was the single currency's smallest level since late December 2005. Data on Wednesday display consumer prices in the euro zone slide in December from a year earlier, marking the first annual deduced since 2009. That cemented expectations the ECB will probably announce a bond buying programme at its policy meeting on 22 January.
RBI REFERENCE RATE
(As on 08th JANUARY 2014)
UNDERLYING RATE
USDINR 62.9670
EURINR 74.4270
GBPINR 94.9731
JPYINR 52.5300
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