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USDINR

USDINR trading range for the day is 74.08-74.54.

USDINR ended with losses amid India's manufacturing sector grow improved marginally in April, amid a rise in production and demand.

The headline IHS Markit manufacturing Purchasing Managers' Index, or PMI, rose to 55.5 in April from 55.4 in March.

India's trade deficit in goods widened to USD 15.24 billion in April 2021, from USD 6.76 billion in the same period last year

EURINR

EURINR trading range for the day is 88.91-89.81.

Euro dropped as dollar nursed losses after an unexpected slowdown in U.S. manufacturing growth prompted investors to trim bets

Euro zone factory activity growth surged to a record high in April, boosted by burgeoning demand and driving a rise in hiring

ECB start to phase out emergency stimulus measures when the pace of coronavirus vaccinations reaches a critical level and the economy picks up speed

GBPINR

GBPINR trading range for the day is 102.81-103.45.

GBP remained steady as traders reckon the Bank of England may announce a slowdown of its bond purchases at its Thursday meeting.

Growth outlook seen brightening as economy reopens

Pace of bond purchases must slow to meet end-of-year target

JPYINR

JPYINR trading range for the day is 67.7-68.22.

JPY settled flat amid dovish outlook by the Bank of Japan, while worries over rising COVID-19 cases also sapped sentiment

The au Jibun Bank Japan Manufacturing PMI rose to 53.6 in April, the 3rd straight month of growth and the strongest since April 2018

While the consumer confidence index decreased by 1.4 points from the previous month to 34.7.

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