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USDINR

USDINR trading range for the day is 74.22-74.68.

USDINR remained supported amid expectations that the Federal Reserve might accelerate the pace of policy tightening as inflation rises.

Fed vice-chair says debate on faster tapering likely in Dec

Economic advisory council expects GDP to grow 7%-7.5% in 2022-23

EURINR

EURINR trading range for the day is 83.72-84.32.

Euro dropped as the return of COVID-19 restrictions in Europe and talk about hastened tapering from the Fed put investors on guard.

The dollar traded close to a 16-month high on growing anxiety over the impact of surging COVID-19 infections in Europe.

Austria becomes the first country in western Europe to reimpose a full COVID-19 lockdown from Monday.

GBPINR

GBPINR trading range for the day is 99.67-100.57.

GBP dropped amid doubts whether the Bank of England will raise interest rates at its December meeting.

Governor Andrew Bailey said his concern on the inflation outlook is that it could be "elevated for longer" while the risks to growth and inflation were 'two-sided'

UK public borrowing totals 18.8 billion pounds in Oct

JPYINR

JPYINR trading range for the day is 65.04-65.46.

JPY remained supported as Japan’s inflation rate rose for the second month at 0.1% in October YoY

BOJ Kuroda: Japan economy to recover to pre-COVID level in 1st half of 2022

BOJ Kuroda: Japan economy to recover to pre-COVID level in 1st half of 2022

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