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USDINR

USDINR trading range for the day is 75.61-76.25.

USDINR rose tracking a sharp rise in global crude oil prices that threatens to push up domestic inflation and widen the country's current account deficit.

India GDP grows 5.4% in Q3; full-year growth forecast revised lower

GST collection for February crosses Rs 1.3 lakh crore

EURINR

EURINR trading range for the day is 83.9-85.

Euro dropped as intensifying Russian bombardment of Ukraine's cities and a surging oil price raised investor concerns about a hit to Europe's economy and growth.

German February inflation over 5%

France's government budget deficit shrank to EUR 15.9 billion in January of 2022 from EUR 21.9 billion in January of 2021.

GBPINR

GBPINR trading range for the day is 100.65-101.59.

GBP remained under pressure as investors continue to monitor the conflict in Ukraine and prospects of tougher sanctions fueled caution.

BoE Saunders and Mann said there’s need to move swiftly to keep inflation in check.

Markets had priced in a 50% chance of a 50bps March BoE hike as recently as two weeks ago, but now see zero chance of a half-point move.

JPYINR

JPYINR trading range for the day is 65.66-66.3.

JPY rose as investors rushed for the safety on fears that the conflict between Russia and Ukraine could escalate further.

Japan also announced that it will freeze Russia’s yen-denominated foreign reserves in cooperation with G7 countries’ efforts to ramp up sanctions against Russia

Japan's Q4 capex growth up, supply disruptions complicate outlook

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