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USDINR

USDINR trading range for the day is 74.46-74.98.

USDINR gains amid concerns about the impact of rapidly spreading Omicron variant on the economic recovery

India's forex reserves at $635.08 bln as of Dec 24 – cenbank

India's trade deficit widened sharply to USD 22 billion in December of 2021, a preliminary estimate showed.

EURINR

EURINR trading range for the day is 84.25-84.77.

Euro dropped as concerns over Europe's slowing economic growth on the back of surging prices and rising COVID cases mounted

German jobless rate inches down to 2-year low

Retail sales in Germany unexpectedly increased 0.6% mom in November of 2021, following an upwardly revised 0.5% rise in October

GBPINR

GBPINR trading range for the day is 100.3-101.36.

GBP gained after Prime Minister Boris Johnson said new measures were not needed now to fight the rapid spread of coronavirus.

Consumer credit in the United Kingdom increased by GBP 1.2 billion in November of 2021

UK Manufacturing PMI was revised slightly higher to 57.9 in December of 2021

JPYINR

JPYINR trading range for the day is 64.32-64.8.

JPY dropped amid growing monetary policy divergence and as the safe-haven currency fell out of favor.

The au Jibun Bank Japan Manufacturing PMI was revised higher to 54.3 in December 2021

BOJ took tentative steps to unwind pandemic-era stimulus

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