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USDINR

* USDINR trading range for the day is 82.09-83.03.

* Rupee rose boosted primarily by the Chinese yuan's rally that helped it recover from losses accumulated through the week.

* Plunging Indian rupee forward premiums spur importers to hedge longer

* India cenbank's monetary committee discusses report on inflation target miss

EURINR

* EURINR trading range for the day is 80.66-81.31.

* Euro dropped as investors turned to the US dollar following a more hawkish than expected message from the Federal Reserve.

* Euro area services activity continues to contract

* German private sector activity falls most in over 2 years

GBPINR

* GBPINR trading range for the day is 92.1-93.34.

* GBP dropped as investors weighed the latest monetary decision from the Bank of England.

* Bank of England trying to curb inflation without too much pain – Pill

* The S&P Global/CIPS UK Construction PMI rose to 53.2 in October of 2022 from 52.3 in the previous month

JPYINR

* JPYINR trading range for the day is 55.79-56.33.

* JPY steadied as hopes for a shift in Japan’s yield curve control policy offset a hawkish messaging from the US Federal Reserve.

* Japan’s Services PMI stood at 53.2 in October of 2022, compared with a 52.2 in the prior month

* Japan’s Composite PMI was at 51.8 in October 2022, compared with 51.0 a month earlier

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