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USDINR

USDINR trading range for the day is 74.48-74.9.

USDINR traded in range as a Fed policy meeting got underway with risk appetite broadly subdued.

ADB cuts India's FY22 economic growth forecast to 10%; inflation seen rising marginally to 5.5%.

India’s inflation has been over 6 per cent in both May and June, well above the 2-6 per cent inflation range.

EURINR

EURINR trading range for the day is 87.94-88.26.

Euro remained in range as investors question global reflation trades and concerns about coronavirus Delta variants rises.

German business confidence weakened unexpectedly in July as supply bottlenecks weighed on the economy.

Euro zone households kept tapping banks for credit in June.

GBPINR

GBPINR trading range for the day is 102.75-103.31.

GBP remained in range supported by Britain's high vaccination rate at a time when the Delta variant has caused cases to surge worldwide.

BoE's Vlieghe says economy needs help for at least several quarters.

Investors digested mixed comments from several Bank of England officials.

JPYINR

JPYINR trading range for the day is 67.56-68.12.

JPY steadied as investors took a cautious approach ahead of Fed meet and as coronavirus delta variants continue to spread rapidly worldwide.

BOJ's 2% inflation target has resulted in Japan's economy no longer in deflation, Kuroda says.

Japan's services producer prices grew at a slower pace in June, the Bank of Japan reported.

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