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USDINR

USDINR trading range for the day is 74.88-75.5.

USDINR dropped as investors became less worried about the risk of Russia invading Ukraine

Indian economy may witness post-pandemic economic reset by year-end: Finance Ministry

Russia said it would withdraw some troops from Ukraine's border.

EURINR

EURINR trading range for the day is 85.23-85.73.

Euro seen some pressure amid optimism after reports that some Russian forces had moved away from the Ukraine border

ECB must consider rising housing prices in inflation assessment

Inflation uncertainty means ECB's options need to be kept fully open – Villeroy

GBPINR

GBPINR trading range for the day is 101.61-102.23.

GBP dropped but recovered from lows after the latest set of figures strengthened the case for faster rate hikes from the Bank of England

British consumer prices rose at the fastest annual pace in nearly 30 years last month

The British central bank does not expect inflation to return to its 2% target until early in 2024, although most economists think inflation will fall faster.

JPYINR

JPYINR trading range for the day is 64.72-65.34.

JPY dropped amid signs of de-escalating tensions between Russia and Ukraine

Japan manufacturers’ mood drops to 11-month low

BOJ member Nakamura reiterated last week that the BOJ will maintain its ultra-loose monetary policy to support the economic recovery

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