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USDINR

* USDINR trading range for the day is 79.02-80.24.

*  USDINR rose as the country's record trade deficit remained a cause for concern ahead of the Reserve Bank of India's monetary policy decision.

* India's July preliminary trade deficit widens to $31 billion

* The S&P Global India Composite PMI fell to a three-month low of 56.6 in July 2022 from 58.2 in the prior month.

EURINR

* EURINR trading range for the day is 80.13-82.09.

* Euro rose as weakness in Rupee supported after some pressure seen as more data is pointing out that a recession is looming.

* Euro zone consumers brace for recession and high inflation – ECB survey

 * German factory orders fall less than expected

GBPINR

 * GBPINR trading range for the day is 95.61-97.85.

 * GBP dropped as Bank of England raises rates by most since 1995 even as long recession looms

 * BoE warned that Britain was facing a recession with a peak-to-trough fall in output of 2.1%

 * UK construction activity shrinks for 1st time in 1-1/2 years

JPYINR

* JPYINR trading range for the day is 59.03-59.91.

* JPY dropped as hawkish remarks from US Federal Reserve policymakers hinting at further rate hikes to combat high inflation lifted the greenback.

* The au Jibun Bank Japan Composite PMI was at 50.2 in July 2022, compared with a flash print of 50.6 and after June's final figure of 53.0.

* The au Jibun Bank Japan Services PMI was revised lower to a four-month low of 50.3 in July 2022 from the flash data of 51.2

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