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USDINR

USDINR trading range for the day is 74.8-75.46

USDINR gained after the Reserve Bank of India left key repo rate unchanged at a record low 4%

Cenbank reiterated the need to continue with the accommodative stance to continue to help the economic recovery.

Delayed recovery': Fitch cuts India's FY22 GDP growth forecast to 8.7%

EURINR

EURINR trading range for the day is 86.54-87.18.

Euro remained supported as the temporary raising of the U.S. debt ceiling eased fears of a U.S. Treasury default.

ECB's Villeroy sees inflation below 2% within a year

Spain expects deficit to narrow to 5% in 2022

GBPINR

GBPINR trading range for the day is 101.69-102.77.

GBP remained supported as expectations of interest rates hike offset worries about a fuel crisis and a post-Brexit labour shortage in Britain.

Bank of England Chief Economist Pill reiterated that the size and duration of the jump in inflation is proving greater than expected.

In its policy statement, the BoE nudged up its forecast for inflation at the end of the year to over 4%, more than twice its target rate.

JPYINR

JPYINR trading range for the day is 66.97-67.41.

JPY remained under pressure as Japan household spending falls as COVID-19 curbs sap economic recovery

Japan's August real wages rise for second straight month

Japan’s new finance minister said he will keep monetary and fiscal stimuli, while calling on the BoJ Governor to ensure stable market and corporate funding

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