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USDINR

USDINR trading range for the day is 72.27-73.09.

USDINR ended with losses as India wholesale inflation hits 27-month high

India had $580.3 billion as forex reserves beating out Russia that had $580.1 billion

Focus this week will be on the U.S. Federal Reserve's two-day policy meeting although expectations are running low for the central bank to announce major policy changes.

EURINR

EURINR trading range for the day is 86.23-87.43.

Euro dropped as investors await the outcome of today's Eurogroup meeting at which European finance ministers will be discussing fiscal support measures

Industrial production grew 0.8 percent on month, reversing a slight 0.1 percent drop in December.

Germany's consumer price inflation accelerated in February as estimated initially, latest figures from Destatis showed.

GBPINR

GBPINR trading range for the day is 100.85-101.69.

GBP dropped tracking weakness in USDINR though downside seen limited by by progress in Britain's speedy vaccination programme

BoE Governor Andrew Bailey painted a cautiously optimistic picture for Britain's economy after the COVID pandemic and did not expect a big jump in inflation

Also, finance minister Rishi Sunak's decision to extend his jobs support programme until the end of September in a budget

JPYINR

JPYINR trading range for the day is 66.38-66.98.

JPY dropped as Japan machinery orders fall for first month in four

Japan's wholesale price falls narrow in Feb. as pandemic impact eases

The 0.7% year-on-year drop in the corporate goods price index (CGPI), follows a 1.5% annual decrease in January

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