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USDINR

USDINR trading range for the day is 74.43-74.99.

USDINR dropped amid recent improved sentiment as many governments resist imposing new, widespread lockdowns Friday,

Net Change -0.33 Trading Ideas for the Day Exports rise 36% during December 1-21: Commerce Ministry

India's benchmark 10-year bond yield rose to its highest level since April last year as investors grew cautious of the heavy government debt pipeline

EURINR

EURINR trading range for the day is 84.15-85.13.

Euro dropped amid concerns over Europe's slowing economic growth on the back of surging prices and new COVID restrictions.

Euro zone inflation forecasts subject to downside and upside risks – ECB's Visco

The European Central Bank is seen tightening policy slower than the US Federal Reserve.

GBPINR

GBPINR trading range for the day is 100.17-101.23.

GBP settled flat amid concerns about the UK's economic recovery were exacerbated by rising COVID-19 cases and the threat of fresh lockdown measures

British manufacturers reported a near-record inflow of new orders this month but also a worsening shortage of stocks of finished goods

The current account deficit in the UK widened sharply to GBP 24.4 billion or 4.2% of the GDP in the third quarter of 2021

JPYINR

JPYINR trading range for the day is 64.65-65.33.

JPY dropped fell out of favor among investors amid an improving risk appetite and optimism that the omicron variant won’t derail the global recovery.

The Bank of Japan signaled that it would lag behind other central banks in scaling back monetary stimulus.

Inflation also remained subdued despite higher input costs as firms were reluctant to pass on rising costs to consumers.

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