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USDINR

USDINR trading range for the day is 73.6-74.14

USDINR gained after ADB scales down India's economic growth forecast for this fiscal to 10 pc

However concerns over a potential default by China’s Evergrande also weakened global risk appetite.

Investors expect tapering cues from tomorrow’s Fed policy meeting outcome and as concerns over slowing global growth mounted.

EURINR

EURINR trading range for the day is 86.27-87.03.

Euro gains as traders awaited the outcome of the US Fed meeting for specifications on tapering plans and growth outlooks, while Evergrande woes eased

ECB's Schnabel says bond-buying volume is losing importance

ECB decided to move to “a moderately lower pace” in its €1.85 trillion PEPP from the €80 billion a month level it has run at since March

GBPINR

GBPINR trading range for the day is 100.49-101.15.

GBP settled flat as investors pushed back expectations of a rate hike by the Bank of England after a flurry of weak data.

Weak economic output in July and retail sales the following month, along with high inflation, were already weighing on the central bank's decision making.

Public sector net borrowing in the United Kingdom was GBP 20.5 billion in August 2021, GBP 5.5 billion less than a year earlier

JPYINR

JPYINR trading range for the day is 67.24-67.68.

JPY gains as the Bank of Japan kept monetary policy steady but offered a bleaker view on exports and output

BOJ says to start accepting bank applications for climate scheme

Japan's exports extend double – digit gains for 6th straight month

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