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USDINR

* USDINR trading range for the day is 81.57-81.99.

* Rupee ended slightly weaker as GDP growth projected for the second quarter at 5.8%, down 30 basis points from average estimates.

* Rupee forward premiums rose marginally from multi-year lows.

* India cenbank to start pilot of retail digital rupee on Dec. 1

EURINR

* EURINR trading range for the day is 84.65-85.27.

* Euro dropped on fears that COVID rules and the resulting protests in China might further weigh on the global economic outlook.

* Euro zone interest rates will continue to rise to tame inflation despite the growing risk of recession, ECB policymaker Peter Kazimir said.

* The ECB remains committed to continue raising rates to dampen high inflation.

GBPINR

* GBPINR trading range for the day is 97.66-98.88.

* GBP dropped as the fresh PMI data pointed to a continuing downturn in business activity

* Chancellor Jeremy Hunt restored UK fiscal credibility by outlining in the Autumn Budget Statement a £55 billion package of tax rises and spending cuts.

* The Bank of England is seen raising interest rates by 50bps next month, below 75bps in November.

JPYINR

* JPYINR trading range for the day is 58.91-59.63.

* JPY steadied as some investors start to bet the BoJ will change monetary policy in the short-term.

* Retail sales in Japan expanded by 4.3% yoy in October 2022

* Japan’s unemployment rate remained unchanged a t 2.6% in October 20

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