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USDINR

USDINR trading range for the day is 77.57-77.87.

USDINR traded in range as aggressive tightening by the Federal Reserve and other global central banks could choke growth.

India retains top spot as fastest-growing major economy: UN report

S&P Global Ratings lowers India's growth forecast to 7.3 per cent

EURINR

EURINR trading range for the day is 81.21-82.19.

Euro settled flat after pressure seen after Euro zone swings to a rare current account deficit in March

Euro zone April inflation revised down to 7.4%; still a record high

The European Commission estimated 2023 price growth at 2.7%.

GBPINR​​​​​​​

GBPINR trading range for the day is 95.67-97.01.

GBP recovered as British manufacturers reported the joint-strongest growth in orders this month since records began

Strong labour market data had boosted expectations that the Bank of England would have to further increase interest rates

Labor productivity in the UK as measured by output per hour decreased by 0.7% on quarter in the first three months of 2022

JPYINR​​​​​​​

JPYINR trading range for the day is 60.01-61.39.

JPY rose as US Treasury yields retreated sharply on widespread risk aversion and on a weakening global economic outlook.

Japan reported a trade deficit of JPY 839.2 billion in April 2022

Private-sector machinery orders in Japan, rose on a seasonally adjusted basis by 7.1% in March 2022 from a month earlier

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