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USDINR

USDINR trading range for the day is 74.22-74.74.

USDINR dropped as investors got confidence as the country reported its October inflation at 4.48%, within the RBI’s target range

India's Oct merchandise exports grow 43.05% y/y – trade ministry

WPI in October at five-month high of 12.54%

EURINR

EURINR trading range for the day is 84.16-85.6.

Euro dropped amid concerns about COVID-19 outbreaks and as Europe’s central bank chief pushed back against the need to act to tame inflation.

ECB vice president fears weaker growth, longer inflation spike

ECB's De Cos says interest rates hike is unlikely in 2022

GBPINR

GBPINR trading range for the day is 99.84-100.52.

GBP settled flat as British employers added 160,000 workers to their payrolls in October

The Bank of England, weighing up when to raise interest rates, is watching closely for how the labour market holds up after the scheme expired

Data showed the unemployment rate fell to 4.3% in the three months to September.

JPYINR

JPYINR trading range for the day is 64.99-65.55.

JPY dropped after China’s President Xi told U.S. President Biden that the two countries should strengthen communication and co-exist peacefully.

BOJ's Kuroda projects inflation approaching 1% mid-next year

Japan economy to recover to pre-COVID level in 2022 1st half

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