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USDINR 

* USDINR trading range for the day is 78.89-79.69.

* USDINR dropped after the country's central bank hiked the key interest rate by 50 basis points to cool soaring inflatio

* RBI Governor Shaktikanta Das said the bank was watchful of maintaining rupee stability but it did not favour any particular level.

* India will not slip into recession, stagflation – minister

EURINR 

* EURINR trading range for the day is 80.9-81.58.

* Euro remained supported as industrial production in Germany unexpectedly rose by 0.4% mom in June of 2022

* Final PMI figures confirmed the Euro Area private sector activity contracted for the first time since February 2021

* The EU agreed to cut back gas usage by 15% between 1 August 2022 and 31 March 2023 aiming to make savings ahead of winter

GBPINR 

* GBPINR trading range for the day is 95.82-96.86.

* GBP remained under pressure as investors reassessed the outlook for tightening monetary policy.

* BoE's Bailey: returning inflation to target is absolute priority

* UK House Price Growth Eases to 11.8% in July

JPYINR 

* JPYINR trading range for the day is 59.2-60.04.

* JPY remained supported amid safe Haven demand for the yen amid rising tensions between the US and China

* Japan Personal Spending Rebounds Strongly

* Japan Coincident Index Highest in Near 3 Years

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