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USDINR

Observations

USDINR trading range for the day is 82.52-82.92 Rupee declined for the fourth straight week on concerns over surging U.S. yields Two Fed officials said the U.S. central bank should have lifted interest rates more than the 25 basis points it did at its last meeting. India's foreign exchange reserves fell to $566.95 billion as of Feb 10, compared with $575.27 billion a week earlier, the Reserve Bank of India said.

EURINR

Observations

EURINR trading range for the day is 88.32-88.88 Euro depreciated as investors rushed for the dollar amid expectations that the Federal Reserve would stick to its hawkish monetary policy for longer ECB's Schnabel says markets may be underestimating inflation Euro zone current account surplus widens in Dec

GBPINR

Observations

GBPINR trading range for the day is 99.27-100.17 GBP dropped as investors rushed for the dollar amid renewed bets of Fed sticking to its aggressive monetary policy tightening. UK retail sales rise by 0.5% in January At the same time, Britain's softer-than-feared inflation rate eased tightening pressures from the Bank of England.

JPYINR

Observations

JPYINR trading range for the day is 61.64-62.18 JPY dropped as stronger-than-expected US economic data bolstered expectations the Fed would keep raising interest rates to tame inflation Investors also continued to assess the implications of Kazuo Ueda’s nomination as the next Bank of Japan governor. BOJ to launch pilot programme in April for issuing dig

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