JPYINR - Ways2Capital

JPYINR trading range for the day is 61.37-61.93.

JPY remained flat after as sharp fall in US unemployment rate helped keep investors view for a possible two or even three rate hike by Fed in 2018 intact.

The Bank kept its loose monetary policy steady and its governor signalled his readiness to ramp up stimulus if the economy lost steam.

One member said the weakness in the consumption recovery since last summer was a cause of concern,” the minutes showed.

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