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USDINR

USDINR trading range for the day is 81.45-82.03.

USDINR dropped as rising risks of a US recession and expectations of less aggressive policy tightening from Fed weighed

The US economy expanded 2.9% on quarter in Q4, slowing from a 3.2% growth in Q3

India's 2023/24 budget likely to be cautious, cutting deficit

EURINR

EURINR trading range for the day is 88.53-89.55.

Euro traded near the flat line as investors continued to assess the outlook for global economic growth and monetary policy

Euro zone business activity back to growth in January – PMI

German economy more resilient than feared, Bundesbank says

GBPINR

GBPINR trading range for the day is 100.22-101.14.

GBP dropped after data showed economic activity weakened further in January, underlining the risk that Britain could slip into a recession in 2023.

Factory gate prices of goods produced by UK manufacturers increased by 14.7% year-on-year in December of 2022

Britain's manufacturers unexpectedly reduced their prices in December by the most since April 2020

JPYINR

JPYINR trading range for the day is 62.65-63.59.

JPY remained in range as the Bank of Japan committed to its policy of ultra-low interest rates despite surging inflation

Japan leading index revised lower

Japan coincident index lowest in 5 months

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