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USDINR

USDINR trading range for the day is 77.4-77.78.

USDINR remained in range tracking possible rate-hikes by RBI after its governor said that the central bank will not allow a runaway depreciation at a rapid pace.

All Fed officials backed May rate hike, 'most' saw half – point rises in June and July, minutes show

Indian economy capable of weathering the global storm: RBI

EURINR

EURINR trading range for the day is 82.47-83.29.

Euro dropped as German consumer confidence near record lows

Germany's gross domestic product expanded 0.2 percent on quarter in the first three months of 2022

ECB President Christine Lagarde said the central bank is likely to exit negative interest rates by the end of the third quarter.

GBPINR

GBPINR trading range for the day is 96.56-97.6.

GBP dropped after the latest PMI data showed the economy slowed down sharply in May as inflationary pressure rises to unprecedented levels.

The CBI distributive trades survey’s retail sales balance in the UK jumped to -1 in May of 2022

Traders await the release of US Fed minutes, which could soothe concerns about aggressive 75 bps rate hikes.

JPYINR

JPYINR trading range for the day is 60.81-61.29.

JPY gains after Japanese Prime Minister Kishida said currency stability is critical and called rapid movement in exchange rates "undesirable"

Japan coincident index revised higher

The index of leading economic indicators in Japan, was revised lower to 100.8 in March of 2022

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