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USDINR

USDINR trading range for the day is 74.67-75.35.

USDINR dropped boosted by a spending spree in India's federal budget.

India’s fiscal deficit in 2021-22 is set to reach 6.9% of GDP, compared to the 6.8% previously estimated

India's growth-focused budget for the upcoming fiscal year, on the back of record market borrowing

EURINR

EURINR trading range for the day is 84.23-85.13.

Euro remained supported as Euro zone manufacturing activity accelerated last month as supply chain bottlenecks eased

Euro zone jobless rate falls to record low in Dec 2021

Euro zone business loan demand to keep surging: ECB survey

GBPINR

GBPINR trading range for the day is 100.94-102.06.

GBP gained as investors speculated the BOE could go beyond announcing another interest rate hike this week and set the path for further monetary tightening.

A survey showed British manufacturing output grew at the fastest pace in six months in January.

Investors have now fully priced a 25 basis point rise in rates to 0.50% on Feb. 3

JPYINR

JPYINR trading range for the day is 65.05-65.85.

JPY rose as the greenback retreated after Federal Reserve officials pushed back against speculations of a 50 bps rate hike in March.

The Bank of Japan vowed to maintain its ultra-loose monetary policy to achieve the central bank’s 2% inflation target.

The unemployment rate in Japan came in at a seasonally adjusted 2.7 percent in December

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