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USDINR

USDINR trading range for the day is 74.53-74.85.

USDINR remained supported as investors' drift toward safety as rising COVID-19 infections loomed over the pandemic recovery

Fed Chair Powell reiterating that rising inflation was likely to be transitory and that the U.S. central bank would continue to support the economy.

S&P affirms India's sovereign rating at 'BBB-', keeps outlook stable

EURINR

EURINR trading range for the day is 88.06-88.38.

Euro remained in range as dollar seen supported by investors' drift toward safety as rising COVID-19 infections loomed over the pandemic recovery

The European Central Bank needs to see higher core inflation before changing its outlook and tightening policy, ECB board member Isabel Schnabel said.

ECB President Christine Lagarde said that the central bank will update its guidance on monetary stimulus at its next meeting

GBPINR

GBPINR trading range for the day is 102.84-103.6

GBP remained under pressure amid concerns about the spread of the Delta variant of Covid-19 ahead of the final stage of restrictions easing next week.

Investors monitored signs of a change in stance at the Bank of England

Two Bank of England policy makers signaled that stimulus measures may have to be trimmed back soon to keep inflation from overheating.

JPYINR

JPYINR trading range for the day is 67.64-68.02.

JPY remained under pressure as a continued surge in coronavirus infections dented investor sentiment.

The Bank of Japan left its key short-term interest rate unchanged at -0.1%

BOJ cuts growth forecast, unveils outline of climate scheme

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