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USDINR

USDINR trading range for the day is 74.15-74.47.

USDINR remained in range after central bank held rates at record lows as widely expected.

RBI Governor Das: MPC voted to keep accommodative stance, need of hour is not to drop guard.

RBI's Das: Economy recovering from second wave setback, activity is likely to gather pace with vaccination.

EURINR

EURINR trading range for the day is 87.57-88.13.

Euro remained under pressure as Germany's industrial production fell by 1.3% in June.

Germany factory orders grew at the fastest pace in nearly a year in June underpinned by strong domestic demand.

Investors expect that the European Central Bank will remain dovish for some time, after policymakers pledged last month to keep interest rates at record-low levels.

GBPINR

GBPINR trading range for the day is 103.18-103.6.

GBP remained in range after the British government's decision to lift most social-distancing rules in July amid high vaccination rates.

BOE hinted at "modest tightening" in a three-year horizon as policymakers expect inflation to temporarily reach 4 percent.

UK house prices rebounded in July, as a shortage of home on the market helped to soften the impact of a reduced tax break for buyers.

JPYINR

JPYINR trading range for the day is 67.52-67.86.

JPY dropped as the Delta variant of the coronavirus is spreading and the fast speed recovery remains in question.

Japan's Q2 economic rebound likely feeble as COVID-19 impact persists.

Japan's leading index increased to the highest since February 2014, preliminary data from the Cabinet Office showed.

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