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USDINR

* USDINR trading range for the day is 81.45-81.89.

* Rupee remained in range after three days of gains ahead of monthly inflation data amid inflows from bond selling, and a weaker dollar

* The annual inflation rate in the US cooled for a sixth straight month to 6.5% in December, the lowest since October of 2021

* Goldman sees India budget gap narrowing below 6% in fiscal 2024

EURINR

* EURINR trading range for the day is 87.7-88.24.

* Euro remained in range shrugging off a reminder from a European Central Bank policymaker that rates still have further to rise.

* The ECB is forecasting a gradual decline in inflation but only approaching its 2% target within three years.

* ECB’s Mario Centeno took a less aggressive stance and said the current process of interest rate increases is approaching its end.

GBPINR

* GBPINR trading range for the day is 99-99.68.

* GBP remained supported as investors digested comments from a Bank of England policymaker

* Bank of England Chief Economist Huw Pill warned about the risks of persistent inflation pressures from a tight labor market

* Retail sales in the United Kingdom increased 6.5% on a like-for-like basis in December 2022 from a year ago

JPYINR

* JPYINR trading range for the day is 61.98-62.76.

* JPY remained supported on expectations that the Bank of Japan will review the side effects of its monetary easing

* Japan bank lending rises 2.7% in December

* Japan current account surplus tops estimates

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