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USDINR

USDINR trading range for the day is 75.02-75.76

USDINR gained to its highest level since July 2020 as the sharp rise in global oil prices raised concerns about its impact on domestic inflation.

RBI at its policy review lowered its full year inflation projection to 5.3% from 5.7%

India's benchmark 10-year bond yield closed at the session high of 6.34%, its highest since April 17, 2020.

EURINR

EURINR trading range for the day is 86.84-87.62

Euro remained supported amid weakness in Rupee and as investors monitored inflation expectations and rising interest rates

ECB Minutes: current spike in inflation to fade over medium term

Germany's industrial output declined more than expected in August on weak auto production

GBPINR

GBPINR trading range for the day is 102.33-103.21

GBP rose after the Bank of England urged Britons, to get ready for earlier interest rate rises as inflation pressure mounted in Britain

BOE policymaker Saunders told households to get ready for "significantly earlier" interest rate rises as inflation pressure mounts in the British economy

Money markets ramped up bets of a November interest rate increase as soon as next month after a relentless rise in yields last week

JPYINR

JPYINR trading range for the day is 66.25-67.79

JPY dropped after Prime Minister Fumio Kishida said that the government will take steps to redistribute wealth through wage hike incentives

Japan households expect inflation to pick up - BOJ survey

Japan's August real wages rise for second straight month

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