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USINR

* USDINR trading range for the day is 77.84-78.18.

* USDINR dropped due to softening in crude prices globally and likely inflows into local stocks.

* India central bank not behind curve, targeting soft landing for economy, governor says

* Global economic worries countered concerns around aggressive monetary tightening by Fed, with focus being on several central bankers' views this week.

EURINR

* EURINR trading range for the day is 81.95-82.51.

* Euro steadied as markets focused on the European Central Bank's tools to fight fragmentation in the currency bloc

* Euro zone inflation confirmed at record high 8.1% in May

* French President Emmanuel Macron lost an absolute majority in the country's parliamentary election.

GBPINR

* GBPINR trading range for the day is 94.74-96.84.

* GBP dropped as the BoE’s rate hike did not match the 75 bps increase from the Federal Reserve and an unexpected 50bps raise from the Swiss National Bank.

* BoE's new message that it may have to act "forcefully" on interest rates is not unconditional and depends on the persistence of inflation pressures

* Net short pound positions fell for a third consecutive week, according to latest positioning data as some traders have cut back on their bearish pound bets.

JPYINR

* JPYINR trading range for the day is 57.68-58.2.

* JPY dropped after BOJ renewed its commitment to ultra-easy policy and bucked the trend among global peers to rapidly raise interest rates.

*  Kuroda: Recent rapid yen weakening undesirable as it raises uncertainty

*  The BOJ made a rare reference to the currency market, saying it needed to watch its impact on the economy and markets.

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