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USDINR

USDINR trading range for the day is 77.44-77.88.

USDINR remained in range supported by a flight to safety by investors, amid a rout across markets.

Indian economy capable of weathering the global storm: RBI

The annual wholesale price inflation rate in India rose to 15.08 percent in April 2022 from 14.55 percent month earlier

EURINR

EURINR trading range for the day is 81.68-82.54.

Euro rose as investors priced in the chance of an aggressive near-term tightening path by the European Central Bank.

ECB policymakers expressed concerns over high inflation and agreed that a gradual normalisation of the monetary policy should continue

EU Commission to propose keeping fiscal rules suspended in 2023-officials

GBPINR​​​​​​​

GBPINR trading range for the day is 96.26-97.3.

GBP gained as the latest economic data suggested the market might not need to scale back much further its expectations for Bank of England rate hikes.

BoE's Pill sees need for further interest rate rises

UK consumer confidence falls to record Low

JPYINR​​​​​​​

JPYINR trading range for the day is 60.37-61.05.

JPY dropped after the core CPI in Japan, jumped 2.1% in April 2022 from a year earlier

The BOJ has doubled down on its massive stimulus program and reinforced a commitment to its super-low yield policy

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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