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Forex Analysis on MYRINR currency pair | Lotus Remit


The MYRINR currency pair has seen a prolonged consolidation in a narrow range of 17.30-17.80. The crucial support at 17.30 seem to be giving up. Expected range is 17.00-17.50. Current Exchange rate of MYR/INR is 17.25. Preferable to hedge the commitments of outwards remittances on any decline towards 17.00.