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USDINR

USDINR trading range for the day is 74.61-74.91.

USDINR remained supported as a hawkish tilt by Federal Reserve policymakers, buoyed by solid U.S. data

Fed’s minutes showed that various policymakers said they would be open to speeding up the taper of their bond-buying programme if high inflation held

India eco growth to rebound strongly, FY22 GDP growth pegged at 9.3%: Moody’s

EURINR

EURINR trading range for the day is 83.87-84.17.

Euro remained supported as the euro zone is not at risk of stagflation, or a period of high inflation coupled with stagnating economic growth

Euro zone to support economy in 2022, use EU funds for investment

Fourth COVID wave, rising inflation weigh on German consumer morale - GfK

GBPINR

GBPINR trading range for the day is 99.39-100.13.

GBP remained under pressure as expectations for a rate hike supported the greenback.

Investors remained focused on whether or not the Bank of England will raise interest rates at its December meeting

BoE's Tenreyro says she is thinking about rate hike in the medium term

JPYINR

JPYINR trading range for the day is 64.83-65.09.

JPY dropped as policy outlooks between the Federal Reserve and the Bank of Japan diverged further

Japan’s inflation rate rose for the second month at 0.1% in October YoY, but remained low compared with other major economies

Japan's service prices rise for 8th straight month as freight cost spikes

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