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USDINR

USDINR trading range for the day is 78.15-78.45.

USDINR remained supported due to demand for dollars from oil importers and broad fears of economic slowdown and faster rate hikes.

Retail inflation may exceed top of RBI band until December: Shaktikanta Das

Indian economy to grow by 7-7.8 pc in FY23 despite global headwinds

EURINR 

EURINR trading range for the day is 82.28-82.84.

Euro gains but upside was capped amid the weak economic outlook and with market sentiment still jittery from fears about a possible recession

The Ifo Business Climate indicator for Germany fell to 92.3 in June of 2022 from a 3-month high

Data showed business activity in the bloc had slowed much more than expected in June

GBPINR

GBPINR trading range for the day is 95.68-96.75.

GBP rose as a weaker greenback and better-than-expected retail data allowed investors to look past mounting pressure on British PM Johnson.

UK retail sales fall in May as cost of living squeeze tightens

Boris Johnson’s party took another blow after losing two seats in a key by-election, including in a conservative stronghold.

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