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USDINR

USDINR trading range for the day is 73.02-73.54.

USDINR traded in range as investors opted for the relative shelter of the U.S. dollar from souring risk sentiment

The U.S. Federal Reserve expressed worries over the slow pace of economic recovery.

Fiscal deficit to decline to 6.2% of GDP in FY22 from 7.0% in FY21: India Ratings

EURINR

EURINR trading range for the day is 88.52-88.92.

Euro fell after a European Central Bank official said the bank was monitoring the currency closely, while the dollar perked up.

ECB governing council member Klaas Knot said the central bank has room to cut its deposit rate further

ECB President Christine Lagarde has repeatedly said the central bank is carefully monitoring the single currency's exchange rate.

GBPINR

GBPINR trading range for the day is 99.75-100.49.

GBP dropped as dollar extended gains as a stock market rout due to concerns about excessive valuations boosted safe-harbour demand for the U.S. currency.

BoE President Andrew Bailey stressed that the impact of the Covid-19 pandemic on the British economy have begun to recede

UK car output slumps to lowest level since 1984 amid COVID hit

JPYINR

JPYINR trading range for the day is 70.17-70.45.

JPY dropped as the value of retail sales in Japan was down 0.3 percent on year in December

Dollar remained supported after Fed decided to hold the interest rate unchanged between zero and 0.25%.

Japan's leading index rose less than estimated in November, final data from the Cabinet Office showed.

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