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USDINR

USDINR trading range for the day is 72.51-73.71.

USDINR dropped as India's second wave of coronavirus infections is slowing, hopes of a global economic recovery.

The Reserve Bank of India on Friday is expected to keep its key rate at a record low

India's unemployment rate at one year high in May; shoots up to 11.9% against 7.97% in April

EURINR

EURINR trading range for the day is 88.77-89.77.

Euro dropped as investors digested new PMI data and worried about a possible early tightening of monetary policy in the US on signs of higher inflation.

Euro zone business activity surged in May as the easing of some coronavirus related restrictions injected life into the bloc’s dominant services industry

The European Central Bank will start tapering its pandemic purchases later this year but won’t raise interest rates until at least 2024.

GBPINR

GBPINR trading range for the day is 103.39-104.05.

GBP steadied as to whether growing cases of a COVID-19 variant first found in India could delay the wider reopening of the British economy due on June 21.

Bank of England Deputy Governor Dave Ramsden said the central bank is carefully monitoring Britain's booming housing market.

A deluge of new orders helped to drive a record increase in British manufacturing activity last month as the economy began to recover from the COVID-19 pandemic

JPYINR

JPYINR trading range for the day is 66.36-67.05.

JPY dropped on profit booking as firmness in Rupee weighed after support seen earlier amid pickup in the country’s vaccination drive

The government aims to finish vaccinating most elderly citizens by the end of July.

The services sector in Japan continued to contract in May, and at a faster pace

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