JPYINR trading range for the day is 64.63-65.33 - Kedia Advisory
USDINR
USDINR trading range for the day is 75.13-75.73.
USDINR gained amid faster Fed rate hike bets following a bigger than expected US January inflation data.
RBI projects India GDP growth rate at 7.8% for FY23
The RBI kept the interest rate unchanged at 4% for the 10th time in a row in February
EURINR
EURINR trading range for the day is 85.64-86.18.
Euro settled flat as investors ramped up their bets on rate hikes following the hawkish turn in the latest ECB press conference due to mounting inflation risks
Euro zone inflation doesn't need signifcant tightening, Lane says
Euro zone banks face rising cyber threats amid geopolitical tensions: ECB
GBPINR
GBPINR trading range for the day is 101.76-102.54
GBP recovered to gain after GDP data showed the economy was not so severely hit by Omicron as thought.
The British economy expanded 1% in the three months to December 2021, slightly below forecasts of 1.1%.
BoE's Bailey sees no need for EU time limit on euro clearing access
JPYINR
JPYINR trading range for the day is 64.63-65.33.
JPY gained supported by weakness in Rupee after U.S. inflation surged to a 40-year peak
Japan's wholesale prices rise in Jan for 11th straight month on commodity spike
Japan's Dec household spending falls for 5th straight month
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EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory