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USDINR

USDINR trading range for the day is 76.67-77.56.

USDINR ended small losses but recovered from lows amid a rise in crude oil prices as tensions continued to escalate between Russia and Ukraine.

India's factory activity growth accelerated in February as the threat from a third COVID-19 wave eased

Global crude oil prices skyrocketed, creating an upward pressure on India’s trade deficit

EURINR

EURINR trading range for the day is 83.08-84.76.

Euro recovered on short covering after remained under pressure as war in Ukraine darkens Europe's economic outlook.

Euro struggles for traction amid stagflation fear

Eurozone investor sentiment declined dramatically to a 16-month low due to the Ukraine war

GBPINR

GBPINR trading range for the day is 100.64-101.8.

GBP dropped as investors sought shelter in safe-haven currencies amid escalating conflict in Ukraine.

Currency traders are trying to assess how the escalation of tensions and its economic impact might alter the Bank of England’s rate hike path in the near term

UK house prices rose at the fastest annual pace since mid-2007 to a record high in February

JPYINR

JPYINR trading range for the day is 66.39-67.05.

JPY dropped with surging oil import costs pushing Japan to its biggest current account deficit since 2014 in January.

Japan logs biggest current account deficit since 2014 as oil import costs surge

Japanese Finance Minister Shunichi Suzuki shrugged off an idea of turning government bonds by the central bank into perpetual bonds.

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