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USDINR

USDINR trading range for the day is 79.81-80.03.

USDINR settled flat benefiting from Reserve Bank of India intervention after it rose through the 80-per-dollar mark.

India c.bank has zero tolerance for volatile, bumpy moves in rupee

ADB lowers India's growth forecast to 7.2% for FY23 due to surging food, fuel prices

EURINR

EURINR trading range for the day is 80.7-81.91.

Euro dropped as German business activity unexpectedly shrank in July

French economic outlook deteriorates as manufacturing shrinks in July – flash PMI

The ECB started its tightening cycle with a bigger-than-expected rate hike.

GBPINR

GBPINR trading range for the day is 95.02-96.04.

GBP settled flat after pressure seen as fresh data fuelled worries about a slowdown in a UK economy that is grappling with inflation.

BoE governor Andrew Bailey opened the door for a 50bps hike in August, which would be the largest since 1995

.Investors braced for an even more aggressive tightening from the Bank of England in response to the highest inflation rate in four decades

JPYINR

JPYINR trading range for the day is 57.82-58.54.

JPY gained on some buying supported after BOJ signaled its commitment to keep policies accommodative despite a global shift toward tighter monetary settings.

Japan's manufacturing activity grew at the slowest pace in 10 months in July as output and new orders contracted

The BOJ retained its -0.1% target for short-term rates and that of 10-year bond yields around 0%, as widely expected

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