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USDINR

USDINR trading range for the day is 74.28-74.72.

USDINR remained supported as investors raised bets that the U.S. Federal Reserve would stay on course for policy tightening in the middle of 2022

India's GDP to grow 9.1% in 2022: Goldman Sachs

Economic advisory council expects GDP to grow 7%-7.5% in 2022-23

EURINR

EURINR trading range for the day is 83.59-84.13.

Euro dragged lower as concerns grew over new COVID-19 restrictions in Europe, with Austria entering another full lockdown

Germany's economy is taking a breather but inflation isn't, Bundesbank warns

Investors ramped up their bets on an ECB rate hike next year as policymaker comments continued to put pressure on the market.

GBPINR

GBPINR trading range for the day is 99.23-100.17.

GBP remained under pressure with traders weighing how a COVID-19 resurgence in the euro zone will impact Britain.

British businesses reported the fastest growth in new orders since June this month alongside record cost pressures

The BoE is expected to become the first major central bank to raise rates since the start of the pandemic as inflation hit a 10-year high.

JPYINR

JPYINR trading range for the day is 64.62-65.23.

JPY dropped after Federal Reserve Chair Jerome Powell was renominated for a second term, reinforcing bets that U.S. interest rates would rise next year

BOJ Kuroda: Japan economy to recover to pre-COVID level in 1st half of 2022

Japan’s consumer prices remained low compared with other major economies

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