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USDINR

USDINR trading range for the day is 72.84-73.56.

USDINR traded in range as markets waited for comments from Federal Reserve Chair Jerome Powell, who is likely to renew a commitment to ultra-easy policy.

India’s path to economic recovery will be stronger than previously thought as fiscal expansion and vaccine hopes help the country heal from COVID-19.

India’s government will focus on fiscal expansion in next week’s budget and revise its borrowing target higher for the 2021/22 fiscal year

EURINR

EURINR trading range for the day is 88.44-89.22.

Euro dropped amid early signals that the economy may not rebound as strongly this year as predicted.

ECB's de Cos says euro zone first – quarter recovery still uncertain

ECB's Villeroy says financing conditions key to policy transmission

GBPINR

GBPINR trading range for the day is 100.22-100.7.

GBP gains following the release of better-than-expected labor data.

Data showed Britain's unemployment rate hit its highest in nearly five years in the three months to November

The UK unemployment rate rose to 5% in December from 4.9% in November, but remains better than forecasts of 5.1%.

JPYINR

JPYINR trading range for the day is 70.36-70.68.

JPY remained in range amid caution about the eventual size of and potential delays to President Joe Biden's $1.9 trillion fiscal stimulus plan.

Further pandemic recovery hopes getting a boost as the International Monetary Fund upgraded its forecast for 2021 global growth.

Japan's services producer prices declined for the third straight month in December, data released by the Bank of Japan showed.

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