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USDINR

USDINR trading range for the day is 74.42-74.78.

USDINR remained supported after the hottest U.S. inflation reading in a generation encouraged bets on interest rate hikes

RBI governor Shaktikanta Das see a very positive outlook as far as India’s growth is concerned

RBI governor Shaktikanta Das says level of forex resrves that we have is adequate and gives us confidence to deal with volatility

EURINR

EURINR trading range for the day is 85.32-85.96.

Euro dropped amid doubts over the argument that rising inflation rates are temporary, following a 3-decade high inflation reading in the US.

Inflation would remain above the ECB's 2% target "until at least later next year with risks skewed to the upside".

Housing costs may be adding more to euro zone inflation than once thought, European Central Bank policymaker Robert Holzmann said

GBPINR

GBPINR trading range for the day is 99.71-100.45.

GBP dropped as the British economy appeared to lose momentum and a surge in U.S. inflation boosted the greenback

Britain's economy grew by 0.6% in September but estimates for previous months were revised lower

UK gross domestic product grew 1.3 percent sequentially in the third quarter, but weaker than the 5.5 percent expansion seen in the previous quarter.

JPYINR

JPYINR trading range for the day is 65.3-65.68.

JPY remained under pressure on profit booking as investors showed scant response to a positive outcome of a liquidity auction.

Japan's Oct wholesale inflation spikes more than expected

Japan's economy seen back in decline on COVID-19, supply issues

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