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USDINR

USDINR trading range for the day is 79.71-80.21.

USDINR rose after ADB cuts India's GDP growth forecast for FY23 to 7% on high inflation, monetary tightening

The Federal Reserve raised the target range for the fed funds rate by another 75bps to 3%-3.25%

India govt 'in no hurry' on medium-term inflation target

EURINR

EURINR trading range for the day is 78.88-80.08.

Euro dropped after Putin announced a partial military mobilization in Russia, a move that is seen as an escalation by the West

ECB's Lagarde raises prospect of rate hikes beyond neutral level

Policymakers have talked about pausing rate hikes once the ECB hits the so-called "neutral" level

GBPINR

GBPINR trading range for the day is 90.23-91.31.

GBP dropped after fresh data showed the UK budget deficit was bigger than expected last month

UK factory orders remain in negative territory: CBI

President Putin's announcement of a partial mobilization in Russia raised concerns the war in Ukraine will escalate

JPYINR

JPYINR trading range for the day is 55.38-56.

JPY dropped as investors adjusted positions ahead of key policy meetings this week from the Bank of Japan.

The BOJ made unscheduled offers to buy various JGBs.

The BOJ is considered unlikely to stray from its dovish path as the only major central bank not to hike interest rates this year

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