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USDINR

USDINR trading range for the day is 74.45-75.37.

USDINR gained as the government announced increased borrowings in its 2022-23 federal budget

India's factory growth slowed to 4-mth low in Jan; inflation fears hit confidence

Indian economy projected to grow 8%-8.5% in 2022/23

EURINR

EURINR trading range for the day is 83.73-85.03.

Euro remained supported as traders digested inflation data against a backdrop of expectations of monetary policy tightening towards the end of the year.

German inflation eases in January but not enough for real relief

Euro zone inflation hit 5% last month, the highest on record for the 19-country currency bloc

GBPINR

GBPINR trading range for the day is 100.09-101.95.

GBP rose as investors geared up for the Bank of England monetary policy meeting later in the week.

UK businesses scale back pay plans despite higher inflation - Lloyds

Omicron slows UK growth to weakest since April - CBI

JPYINR

JPYINR trading range for the day is 64.77-65.77.

JPY remained supported as Japan's manufacturing activity grew at the fastest pace in nearly eight years in January

Japan's Dec jobless rate falls as monthly employment gain hits near 36-year high

The Bank of Japan vowed to maintain its ultra-loose monetary policy to achieve the central bank’s 2% price stability target.

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