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USDINR

USDINR trading range for the day is 81.58-82.36.

Rupee tumbled towards record lows amid frail risk sentiment and as oil importers ramped up dollar demand expecting a jump in crude prices

The S&P Global India Manufacturing fell to a three-month low of 55.1 in September 2022 from 56.2 in August

The further rise in Treasury yields and the volatility in U.K. assets have also weighed on demand for risk assets.

EURINR

EURINR trading range for the day is 79.82-81.04.

Euro remained supported as expectations for another jumbo European Central Bank rate hike this month.

Euro zone factory activity declined again in Sept as energy bills bite – PMI

Euro zone inflation zoomed past forecasts to a record high of 10.0% in September

GBPINR

GBPINR trading range for the day is 90.26-93.16.

GBP rose after the finance minister Kwarteng reversed and said he will not cut the top 45% rate of income tax for biggest earners.

S&P cuts UK rating outlook after government fiscal plan

The S&P Global/CIPS UK Manufacturing PMI was revised slightly lower to 48.4 in September 2022

JPYINR

JPYINR trading range for the day is 56.51-56.95.

JPY steadied after Finance Minister Shunichi Suzuki's comments that Japan stood ready for "decisive" steps in the foreign exchange market.

Japan PM vows to combat rising utility bills, benefit from weak yen

Japan manufacturing PMI revised lower at 50.8 in September 2022

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