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USDINR

USDINR trading range for the day is 72.95-73.79.

USDINR remained supported as a pick up in U.S. manufacturing kept bets alive for a quicker normalisation of Federal Reserve policy.

India's fiscal deficit fell sharply to INR 0.79 trillion in April of 2021, the first month of the new fiscal year

Moody's pegs India GDP growth at 9.3% in FY22

EURINR

EURINR trading range for the day is 88.9-90.06.

Euro dropped on profit booking ahead of the European Central Bank meeting next week.

Retail sales in Germany contracted 5.5 percent month-over-month in April of 2021, reversing from a 7.7 percent jump in March

IHS Markit's final Manufacturing Purchasing Managers' Index (PMI) rose to 63.1 in May from April's 62.9

GBPINR

GBPINR trading range for the day is 103.26-104.2.

GBP dropped as investors weighed the possibility that a COVID variant, first found in India, could delay the final phase of reopening in Britain on June 21

OECD forecasts showed the UK economy is expected to expand 7.2% this year, which would make it the fastest growth among developed countries.

The UK economy is set to fully reopen on June 21st, paving the way to return to normality

JPYINR

JPYINR trading range for the day is 66.54-67.2.

JPY remained supported as the Manufacturing PMI was revised higher in May.

Japan may see inflation perk up in post-COVID era, says BOJ board member

The Japanese government extended the COVID-19 state of emergency in Tokyo, Osaka and seven other prefectures last week.

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