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USDINR

USDINR trading range for the day is 74.33-75.35.

USDINR dropped amid a retreat in crude oil prices amid hopes of easing Russia-Ukraine tensions.

India’s producer inflation came at a 4-month low of 12.96% in January while its consumer inflation rose to a 7-month high of 6.01%

India's January WPI inflation eases marginally to 12.96% y/y

EURINR

EURINR trading range for the day is 84.44-85.66.

Euro remained under pressure as investors weigh renewed tensions between Russia and the West over Ukraine

ECB's Kažimír: More data is needed to determine whether a hike in 2022 is required.

Euro zone industrial production increased by 1.2% in December from the previous month

GBPINR

GBPINR trading range for the day is 101.28-102.44

GBP remained under pressure as the data increased pressure on UK policymakers to hike interest rates in the March meeting for the third time in a row.

UK retail sales grow faster than expected in January

Inflation in Britain rose to nearly 30-year high reinforced expectations that the BoE will further hike interest rates.

JPYINR

JPYINR trading range for the day is 64.59-65.41

JPY reversed course to drop as markets seemed to take cheer from news of talks between the U.S. and Russia about Ukraine.

Japan's consumer prices rise in January, but at slower pace

Markets have not aggressively tested the BOJ's 0.25% yield target on those bonds, but yields on other tenors have been

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