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USDINR

USDINR trading range for the day is 75.17-76.24

USDINR dropped on profit booking after prices earlier gained a surge in crude oil prices as tensions continued to escalate between Russia and Ukraine.

India’s slowing economic recovery faces fresh geopolitical risks

Lower inflation to allow accommodative monetary policy: Indian RBI guv

EURINR

EURINR trading range for the day is 84.08-85.3.

Euro remained in range after Western nations announced fresh sanctions to punish Russia for its invasion of Ukraine.

Investors concerned about the adverse economic impact of the Russian invasion of Ukraine while assessing ECB’S future monetary policy decisions

Fallout on global finance: ECB warns on Sberbank; Russia issuers dropped

GBPINR

GBPINR trading range for the day is 100.86-101.7.

GBP steadied as investors digested the latest round of sanctions against Russia amid the Ukraine invasion.

The UK, US, and the EU, as well as Canada and Japan agreed to ban Russian financial institutions from the global payments system SWIFT

The UK said that it would also ban Russian firms from money markets and transferable securities

JPYINR

JPYINR trading range for the day is 65.13-65.97.

JPY dropped on profit booking after prices gained amid safe-haven currencies after Russian President Vladimir Putin put nuclear-armed forces on high alert

Japan industrial output falls more than expected

Japan retail sales rise for fourth straight month

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