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USDINR

USDINR trading range for the day is 72.89-73.37.

USDINR remained in range amid signs that India’s second wave of coronavirus infections is slowing and hopes of a solid economic recovery

India's foreign exchange reserves rose to $605.01 billion as of June 4, compared with $598.17 billion a week earlier, the Reserve Bank of India said.

The Reserve Bank of India left its benchmark repo rate at 4 percent and announced additional bond purchases

EURINR

EURINR trading range for the day is 88.66-89.3.

Euro dropped as investors digested yesterday's ECB policy meeting, US data supporting the Fed's view that the current inflation will be transitory

Policymakers also raised the inflation forecast for the two years, but expect underlying inflationary pressures to remain subdued.

Germany's economy is overcoming the pandemic, Bundesbank says

GBPINR

GBPINR trading range for the day is 103.41-103.79.

GBP remained supported as UK's Sunak welcomes rebound in economic output

Britain and the European Union failed to agree on solutions to post-Brexit trade problems in Northern Ireland.

The UK and EU exchanged threats in a standoff that could cloud a weekend international summit hosted by Britain.

JPYINR

JPYINR trading range for the day is 66.7-66.98.

JPY settled flat as investors weighed the pace of a fragile domestic economic recovery against a steep hike in a key US price gauge.

The Japanese government decided to lift the COVID-19 quasi-state of emergency in three prefectures

Producer prices in Japan were up 0.7 percent on month in May, the Bank of Japan said.

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